Meta invests in Take App, a Singaporean startup that helps merchants sell via WhatsApp
At its core, Take App serves as an easy way for those with little technical know-how to set up a simple website to facilitate online orders, replete with a shopping cart, payments, and a direct connection to WhatsApp for managing and tracking the final order.
Alpha JWC leads Filipino parenting e-commerce startup edamama’s US$20M Series A round
edamama will use the capital to expand its operations, including same-day and next-day delivery, to more locations across Metro Manila. It will also enhance its content and community elements, launch its own offline stores and scale its private label portfolio.
Vietnamese logistics firm restocks with US$6.4M investment
Boxme currently has two fulfillment centers in Vietnam that cover more than 12,000 square meters and can process over 50,000 orders per day. With the fresh capital, the company plans to expand these facilities to 30,000 square meters with a capacity of 150,000 orders.
Navis Capital Partners to exit B Medical Systems, strikes two new investments
With a global presence in over 150 countries, B Med is the world’s single largest vaccine cold chain provider. It provides storage and transportation of temperature-sensitive vaccines to a significant part of global populations.
Society Pass acquires Indonesian traveltech firm NusaTrip
Founded in 2018, Society Pass focuses on acquiring Southeast Asian ecommerce players to build a loyalty and data marketing ecosystem.
Does investing in Bitcoin still make sense?
While the crypto crash has left many shaken, the fundamental case for investing in Bitcoin has not changed in the least. It can actually be a good opportunity for investors to increase their exposure to Bitcoin, provided they have the ability to stomach significant volatility ahead.
How digital technology can transform the food and beverage industry
If the food and beverage sector is to achieve lofty growth, continued investment in technology must play a significant role. As one example of digitalisation within guest experience, it’s already hard to imagine a world without the option of online ordering and food delivery.
AC Ventures, BRI Ventures back Indonesian SaaS startup’s US$10M round
Founded in 2019 by Adi Wahyu Rahadi and Audia Harahap, Majoo offers solutions for SMEs, including an online cashier system, an online shop dashboard, inventory management, and accounting tools.
7 drivers of Southeast Asia’s “golden hour of opportunity” for startup founders and investors
Southeast Asia’s startup ecosystem can grow ten-fold amidst the global turbulence and uncertainties with the “golden hour of opportunity”. This is why, in this article, we cover key, practical opportunities for both early-stage startup founders and investors to take advantage of.
Why ‘Indonesia-only’ Intudo Ventures believes SEA as one cohesive market is a fallacy
Intudo Ventures believes VC funds investing in SEA as one collective market underestimate the difficulty presented by fragmentation that such a strategy faces hopping from market to market.
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