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super apps

goto profitability loss
News

GoTo stays focused on profitability even as its loss widens

March 22, 2023 Joana Bagano 0

Indonesia’s GoTo reported a loss of $2.6 billion for 2022, 56% higher than last year. However, GoTo’s 2022 revenue also doubled in the same time period. Read more…

viacom18 super app
News

RIL’s Viacom18 is planning to create a video super app

December 15, 2022 Staff Writer 0

Viacom18 is reportedly planning to create a new super app that will host its various digital streaming platforms, to take on Amazon, Disney and Netflix. Read more…

kakao outage
News

Kakao is feeling the heat following massive service outage

October 17, 2022 News Centre 0

South Korea’s Kakao suffered a massive outage over the weekend, triggering a sharp political backlash and calls for increased scrutiny on its market dominance. Read more…

Elon Musk Twitter everything app
News

Why Elon Musk suddenly wants an ‘everything app’

October 6, 2022 News Centre 0

Elon Musk is suddenly talking about creating an “everything app” based around Twitter once he owns it. He means a super app. But why does he want one? Read more…

grab investors
News

Grab promises investors it will be profitable by end-2024

September 28, 2022 Joana Bagano 0

Grab has been on a downward spiral since its SPAC merger in December, but CEO Anthony Tan told investors the firm aims to break even by the second half of 2024. Read more…

be group vietnam grab
News

Be Group gears up to challenge Grab’s supremacy in Vietnam

September 7, 2022 Joana Bagano 0

Ride-hailing competition in Vietnam is set to intensify as Be Group secures a $60 million loan from Deutsche Bank to challenge existing market leader Grab. Read more…

uber says india good
News

Uber says it is not in fact exploring ways to bail from India

June 24, 2022 Staff Writer 0

Uber has rejected a Bloomberg report claiming that it has explored exiting the India market, saying it has never considered such a move. Read more…

lyft is floundering, uber is not
Views

Lyft is floundering as Uber thrives. The difference? It’s all about scale

May 6, 2022 Richard Windsor 0

Lyft and Uber had wildly different quarters revenue-wise. The reason is simple: in this business, size (and scale) really does matter. Read more…

Gojek drivers go-jek gojek and momo
News

Gojek drivers organize to push back against the algorithms

April 29, 2022 Joana Bagano 0

As Gojek drivers feel the squeeze from the company’s algorithms dictating their work, they are turning to each other for support. Read more…

Go-Jek goto IPO
News

GoTo IPO scores $1.1 billion, raises hopes for Indonesian tech

April 11, 2022 News Centre 0

GoTo soars up to 23% in its market debut after its IPO raises $1.1 b, fuelling expectations of more unicorns from Indonesia’s tech sector. Read more…

grab and sea
News

Grab and Sea plot comeback strategies as market caps nosedive

April 6, 2022 Joana Bagano 0

Grab and Sea Ltd sink to the bottom of the MSCI Asean Index and lose a combined $71 billion in market value. They have plans to get it back. Read more…

airasia ride
News

Airasia Ride expands into Thailand, with Indonesia next in line

March 24, 2022 Joana Bagano 0

Airasia is set to expand across Southeast Asia’s ride-hailing market with the launch of its service Airasia Ride in Bangkok next month. Read more…

walled-garden lazada
News

Walled-garden super apps are not the future, warns Lazada CEO

March 23, 2022 Joana Bagano 0

Lazada CEO Chun Li says digital companies in SEA should steer away from creating walled-garden super apps, as this discourages competition. Read more…

GoTo is IPO Indonesia
News

GoTo is pressing ahead with $1.25 billion IPO despite market tensions

March 18, 2022 Joana Bagano 0

GoTo Group plans to raise up to $1.25 billion through an IPO on the Indonesia Stock Exchange rather than jump on the SPAC bandwagon. Read more…

Gojek drivers go-jek gojek and momo
News

Gojek adds MoMo payment option for Vietnam users

March 15, 2022 Joana Bagano 0

Gojek has announced a partnership with digital financial services platform MoMo to enable Gojek users in Vietnam to pay for their rides. Read more…

momo
News

MoMo targets Vietnamese SMEs in its super app quest

February 16, 2022 Joana Bagano 0

MoMo has become a leader in Southeast Asia’s fintech space as it aims to become the next big super app in the region. Read more…

blue bird taxi taksi
News

Sea adds mobility to Shopee app via Blue Bird taxi tie-up in Indonesia

December 24, 2021 Joana Bagano 0

Sea Ltd teams with with Blue Bird to launch a taxi ordering service in Indonesia, giving Shopee a mobility service to take on Grab and GoTo. Read more…

GoTo is IPO Indonesia
News

Indonesian unicorn GoTo clinches $1.3b in first pre-IPO funding

November 12, 2021 Joana Bagano 0

Indonesian super app GoTo has raised over $1.3 billion in pre-IPO financing. Analysts say that makes it the country’s biggest tech firm. Read more…

super-apps are
Views

Super-apps are starting a new digital battle – will they deliver real benefits?

November 1, 2021 Alex Leslie 0

Super-apps are the next goal for the digital world, for the moment. As the number of apps rises above 3 million, something must change. Read more…

super apps
News

Reliance begins work on super app; plans launch after clarity on new rules

August 26, 2021 Staff Writer 0

Reliance, parent of India’s 4G-only telco Jio, is reportedly “refurbishing” JioApp into a super app to include multiple consumer offerings. Read more…

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