With its latest funding, Ruangguru can survive for more than two years before running out of cash considering its current burn rate.
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The buy-now-pay-later service also announced its entry into Canada and a planned expansion into Europe.
It sold more than 99.7 million shares for US$15 apiece and ended its first trading day up 40%.
Yara Paoli talks about the five growth factors that companies can tap into to encourage a growth culture among employees.
The top-funded startups in the region, and a young company that’s looking to change the packaging industry.
It expects to grow its revenue to US$443 million and US$450 million for Q3.
Each approach has its pros and cons, but it may be too early to tell which is best suited for Southeast Asia.
As a budding mobile app developer, what can I do to upgrade my skills? What are the most interesting mobile development hacks that most developers don't know about?
Several Fundeology ex-staff said that the entity owes them about two months of salaries.
Kevin Mayer, Disney’s former head of streaming, was appointed to the position just three months ago.
It's also backed by IDG Capital, Qiming Venture Capital, GX Capital, and Mason Capital.
The two flagships of Hong Kong tycoon Li Ka-shing hold 8.91 million each of Ant's class C shares, while family members of Tung Chee-hwa own 1.78 million.
There are no plans to reduce its stakes or exit investments, however.
The gaming giant recorded US$447.5 million in revenues for H1 2020, representing a 25.3% growth year on year.
KitaBeli currently sources its product from wholesalers, with rice and noodles as the best-selling products on its platform.
One can potentially make significant money with a pay-per-view and/or subscription strategy, and the exponential growth of TikTok’s monthly and daily active users
The pair now aim to build a platform to offer solutions for both business-to-business and business-to-consumer partners in the finance and banking industry.
Tjetak says it produces 5 million packages per month on average, serving clients in industries such as F&B, ecommerce, and pharmaceuticals.
BasisAI looks to raise a series A round in the next 12 months.
Ant plans to raise more than US$20 billion from the dual listing, which could even reach US$30 billion if market conditions allow.
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