| | | | | | | Tech entrepreneurs share: how fast can you set up a company in Singapore?
| | 1.5 days – that’s how fast it takes to set up in Singapore. Compare that with the regional average of about 26 days in East Asia and the Pacific, and you know we mean business. Learn more about the incorporation experiences of startup founders from Privyr, Interviewer AI, and Konigle. | | | | | | Classmates turned competitors: Grab vs. Go-Jek
When founders of ride-hailing providers Grab and Go-Jek first met at Harvard, they may not have predicted that a shared frustration of their home countries’ transportation systems will lead to the ‘Super Apps’ battle of the century. While there isn’t a clear winner as to which will be the last app standing, we may all be able to learn a thing or two from their warring strategies.
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| | Wait, have we forgotten about Uber? | | Not just yet. While the US ride-hailing giant has withdrawn its services from SEA, it has further advanced its commitment to the region by launching its Asia-Pacific headquarters in Singapore recently. A ‘confluence of factors’, as observed by analysts, may have led to Uber’s decision. | | Read more | | Stripe earning its stripes in Asia | | According to Stripe, 70% of Singaporeans bought something from a business powered by the e-payments platform last year. Counting Grab, Carousell, and Chope as some of its clients, Stripe has its sights set on broader Asia, where it has expanded to Japan and Hong Kong, and is testing its beta programmes in India and Malaysia. Understand the reasons why Stripe’s Chief Business Officer is confident that they will be here “for the long-term”. | | Read more | | Alibaba’s growing dependence on SEA unicorn Lazada | | By expanding into markets like Russia, Mexico, India, and SEA, Chinese e-commerce giant Alibaba increased its international retail revenue by 23% annually last quarter, and its international wholesale revenue by 31%. Going by Google-Temasek’s prediction that e-commerce is likely to exceed US$100 billion by 2025, Alibaba’s entrance to the region via Lazada may just be the right move. | | Read more |
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