Alibaba’s Ant Financial to develop services in Indonesia as global expansion continues

 Ant Financial, the fintech company affiliated with Chinese e-commerce giant Alibaba, is continuing its global expansion.…

Uber rival Grab makes first major acquisition to build out its payments platform

 Grab, Uber’s biggest rival in Southeast Asia, has completed its first major acquisition after it bought…

Uber agreed to, then scrapped, a non-compete deal with Indonesian unicorn Go-Jek

 Uber may have a reputation for steamrolling its competitors, but it can be conciliatory at times. In…

Indonesia’s Printerous raises $1.4M to digitize traditional printing

 Printerous, an Indonesia startup that is bringing the country’s printing industry into the digital era, has…

Grab is buying Indonesian payment firm Kudo in its first major acquisition

 Uber’s Southeast Asia rival Grab is in the process of buying up Indonesia-based online payment startup Kudo in…

Grab is investing $100M in startups to help it battle Uber in Southeast Asia

 Grab is upping its battle against Uber in Southeast Asia by announcing a flurry of new…

Not just Uber, now Grab is also hiring government insiders to grow its business

 Southeast Asia’s Grab is taking a leaf out of the Uber playbook and bringing in a prominent…

Enemies no longer, Uber strikes partnership with Indonesia’s second largest taxi firm

 Uber is the scourge of taxi drivers worldwide, but sometimes the two can pull in the…