So you thought group-buying was dead?! Not in Southeast Asia where Fave, a company that aims to connect local merchants with customers using discount sales, has closed a $20 million Series B round as it explores expansion opportunities. The startup began as fitness subscription service KFit, but it pivoted group-buying and coupons after it acquired Groupon’s […]
View More Southeast Asia’s Fave raises $20M and adds mystery strategic investor from ChinaCategory: online food ordering
Go-Jek kicks off Southeast Asia expansion with Vietnam launch
Go-Jek, the Indonesia-based ride-sharing company valued at $5 billion, has begun its ambitious plan to increase its rivalry with Grab by expanding into three new markets after it opened shop in Vietnam. The service — which is known as Go-Viet — covers an initial 12 districts in Ho Chi Minh City with a motorbike on-demand service. Rival […]
View More Go-Jek kicks off Southeast Asia expansion with Vietnam launchDeliveroo’s ‘flexible’ labor model likened to 20th century dockyards
A report into the pay and conditions for riders delivering food for gig economy platform Deliveroo has urged the company to commit to offering a form of worker status to those riders who form the backbone of its workforce, arguing that the current reality is a dual labour market — which works very well for […]
View More Deliveroo’s ‘flexible’ labor model likened to 20th century dockyardsA new $124 million for Brazil’s Movile proves that investors still see promise in Latin American tech
Brazil’s macroeconomic picture may be gloomy, but technology investors still see hope in the nation’s burgeoning technology sector — and a recent $124 million financing for the mobile conglomerate Movile is the latest proof that that the pace of investment isn’t slowing down. Brazil was already the hottest spot for technology investment throughout Latin America […]
View More A new $124 million for Brazil’s Movile proves that investors still see promise in Latin American techDeliveroo fattens its market presence by opening to restaurants that do deliveries
Restaurant food delivery startup Deliveroo is taking the next logical step to expand its business by opening up to restaurants that have their own delivery fleets — thereby also expanding the food choices it can offer its couch-loving users. Next month the company will launch the new service, called Marketplace+, in seven of its markets […]
View More Deliveroo fattens its market presence by opening to restaurants that do deliveriesDeliveroo opens up POS integration for restaurant partners via an API
Restaurant food delivery startup Deliveroo is opening up Point of Sale (POS) integrations to restaurant partners, via an API and developer portal, after trialling the approach this spring and finding appetite for uptake. The integration is intended to free up front-of-house staff from having to manually input Deliveroo food orders into the restaurant’s sales system. […]
View More Deliveroo opens up POS integration for restaurant partners via an APIRide-hailing firm Grab launches new venture to back startups in Southeast Asia
Grab, the ride-hailing firm that acquired Uber’s Southeast Asia business, is aiming to catalyze the early-stage startup scene in Southeast Asia after it launched an accelerator and investment unit called Grab Ventures. The six-year-old company has already made investments and acquisitions — backing startups like Drive.ai and buying Indonesia’s Kudo and India-based iKaaz — and Grab […]
View More Ride-hailing firm Grab launches new venture to back startups in Southeast AsiaLatin America’s Movile is quietly building a mobile empire
By 2020, Brazilian mobile giant, Movile, wants to improve the lives of more than one billion people through its apps.
View More Latin America’s Movile is quietly building a mobile empireWith just one day left in open enrollment, companies turn to Stride Health for help
The compressed timelines of this year’s open enrollment period for government-mandated healthcare have left some companies in the lurch, and as the final hours to enroll tick by, they’ve turned to the startup company Stride Health for help. Stride manages a number of different tax and healthcare-related information for customers. Read More
Naspers, Innova Capital invest $82 million more for Movile’s iFood delivery business
Naspers, a South African-based global investor and media conglomerate, has joined the private equity firm Innova Capital to funnel another $82 million into Movile — primarily to increase Movile’s stake in iFood, a Latin American food delivery vendor. Read More