The top articles for the week: The relationship between Southeast Asia VCs, the business model of Chinese social commerce Pinduoduo and Sea’s profitable quarter.
Tech in Asia
A Chinese insurtech firm bagged US$230 million in funding, counting Tencent among its investors.
The possible rise of subscription media in Indonesia and the startup that’s making bookkeeping easier for the smaller companies in the archipelago
The share sales could raise a total of about US$30 billion, potentially making it the biggest debut worldwide.
Part of the new funds will be used to back its commercial expansion plans to Europe and the US markets next year.
The clock is ticking for the company, which had planned on raising US$100 million and becoming profitable this year.
Is your MVP nonexistent? Are you keeping all your numbers confidential? Then you might want to rethink PR as a marketing strategy.
We broke down Pinduoduo’s business model, and an Indonesia-based startup in the marine and fisheries sector reeled in new funding.
The Covid-19 pandemic has forced many businesses to adapt - or risk flaming out.
The country could well see a rapid expansion in subscription-based media as more investments pour into the space.
The challenges of implementing 5G in Indonesia and the amazing quarter Sea had this year
The VC firm is looking for startups with strong growth promise and meaningful traction that can help plug SOEs into the country's digital economy.
C2M, the business model behind the social ecommerce app’s rise, might be harder to implement in Southeast Asia.
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