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Go-jek’s golden funding round from Tencent & its halo effect on the Indonesian ecosystem

The stakes just got even higher in Indonesia’s ride-hailing space with local champion Go-jek reported by TechCrunch to have raised a US$ 1.2 billion round led by Tencent Holdings Limited (Tencent) on a US$ 3 billion valuation, sending the message to Grab, “What you can raise, we will do better.” As of publication time, there […]

Rework opens second coworking space in Jakarta, launches a mobile app

Jakarta-based coworking space Rework today launched its second coworking space in the city in Kuningan, South Jakarta. The launch follows its first coworking space in Sudirman area. The new coworking space provides an open space and nine private offices, which was already fully occupied by the time the new space is launched. It also offers […]

Paktor is merging with the startup it bought to create a social entertainment company

Singaporean dating app Paktor announced today it has merged with its recent acquisition, livestreaming service 17 Media, to form M17, a company focused on social entertainment. Paktor snapped up Taiwan-based 17 Media for an undisclosed sum at the end of last year. The new company claims to have a combined team of 200 and reports […]

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