Jun 30, 2020
At the end of 2019, Meituan-Dianping recorded close to US$400 million in net profits, with more than half of the company’s revenue coming from food delivery. Seeing as the online food delivery industry is notoriously a loss-making business, this came as quite a surprise.
How did Meituan-Dianping succeed, when other...
Jun 28, 2020
There’s been a lot of movement in the startup scene.
Bukalapak co-founder and president director Fajrin Rasyid has left his role to join local telecommunications firm Telkom Indonesia as its digital director. Lazada Indonesia CEO Chun Li is poised to take over as group chief executive at the ecommerce firm after...
Jun 21, 2020
Last week can be described as a rollercoaster ride, as Asia’s tech community went through several ups and downs.
Grab and One Championship announced layoffs early in the week, with affected personnel numbering in the hundreds. On the flip side, Disney+ posted a bunch of job openings in Singapore and Indonesia, while...
Jun 7, 2020
Cloud kitchens have become increasingly prominent in the past couple of years, with players like Grab, Foodpanda, and Deliveroo setting up their own operations.
The vertical is a gamechanger for the food ecosystem, with food delivery platforms emerging as the big winners because they stand to see their order...