The Bank of Indonesia, a large company, issued two more electronic payment licenses in August. According to the official website of the Bank of Indonesia, the Bank of Indonesia issued an e-money operating license to the financial technology company PT Bluepay Digital Internationa

2024/05/1118:35:33 hotcomm 1257

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The Bank of Indonesia, a large company, issued two more electronic payment licenses in August. According to the official website of the Bank of Indonesia, the Bank of Indonesia issued an e-money operating license to the financial technology company PT Bluepay Digital Internationa - DayDayNews

major companies

The Bank of Indonesia issued two more electronic payment licenses in August

According to the official website of the Bank of Indonesia, the Indonesian Central Bank (BI) issued an e-money operation license to the financial technology company PT Bluepay Digital International. The company is a joint venture between the Bluepay Group and a local company in Indonesia. The Bluepay Group is headquartered in Bangkok and also holds an e-money license in Thailand. The company's electronic wallet deploys Bluemart smart vending machines as a self-built application scenario. The other license holder is Ezeelink Indonesia. It is very difficult to obtain an e-money license in Indonesia. Previously, Grab, a small giant in Southeast Asia, also suspended its recharge business because it failed to obtain a sub-license.

JD Cloud and VST Cloud have reached a cooperation to target the Southeast Asian market

JD Cloud and VST Cloud officially reached a strategic partnership on the evening of September 5. It is reported that in the future, the two parties will complement each other's resources and jointly promote the application and promotion of cloud computing and related businesses in overseas markets such as China and Southeast Asia.

VST is a well-known technology product supply chain and solution platform in the Asia-Pacific region. "The cooperation with VST will be a crucial step for JD Cloud to go overseas in building an ecosystem." Shen Yuanqing, President of JD Cloud, said that from the perspective of JD Group, malls, Logistics, finance and other businesses all have needs to go overseas. In addition to its own development needs, JD Cloud will also play an important basic platform service role for logistics, finance and other businesses to go overseas.

It is rumored that Go-Jek will acquire JD.com’s financial business in Indonesia

It is reported that Go-Jek was negotiating with JD.com on August 27 and planned to acquire shares of JD.com’s financial subsidiary in Indonesia. The deal could see Go-Jek merge or acquire JD Finance’s Indonesian operations and establish an e-commerce partnership with JD, people familiar with the matter said.

JD.com participated in Go-Jek’s latest round of financing estimated at $1.5 billion. JD.com has been working hard to enter the Indonesian market and earlier this month opened a physical store in Jakarta, its first store outside China.

Go-Jek partners with 3 P2P lending institutions to expand financial services business

Go-Jek established strategic partnerships with Indonesian P2P lending institutions Findaya, Dana Cita and Aktivaku on September 5, hoping to expand its presence in Southeast Asia’s largest economy Financial technology services.

The partnership between the two companies marks the ride-hailing company's further push into financial services. Previously, Go-Jek partnered with Allianz and Bank Negara Indonesia to provide insurance and micro-loans respectively to driver-partners and small businesses using its network. Archrival Grab also entered the insurance and lending space earlier this year, partnering with Credit Saison and Chubb to offer loans and insurance through its Grab Financial unit.

Go-Jek invests in Indonesian media startup Kumparan?

Go-Ventures has invested in local media startup Kumparan, according to industry sources. Go-Ventures is the venture capital arm of Indonesian ride-hailing app Go-Jek. On September 5, Kumparan President Budiono Darsono announced on his Facebook page that from September 2018, Go-Jek President Andre Soelistyo will join as a new member, which seems to support Go-Jek’s intention to invest in Kumparan news. The "substantial" deal is said to have taken place more than a month ago but Go-Jek has yet to respond.

Grab claims to have two-thirds of Indonesia’s ride-hailing market.

Grab’s general manager in Indonesia, Ridzki Kramadibrata, said that Grab has two-thirds of Indonesia’s ride-hailing market. However, Ridzki Kramadibrata’s definition of online ride-hailing includes motorcycle transportation or transportation. Express delivery and other services are not yet clear.

Grab said in a statement on August 29 that it will invest US$250 million in Indonesian start-ups through its Grab Ventures unit, focusing on companies in "mobility, food, logistics, financial technology and other O2O fields."

Grab Ventures plans to invest US$250 million in Indonesian startups

Grab launched its innovation arm Grab Ventures in Indonesia on August 29. It plans to invest US$250 million in local startups and will launch it within three years. Following the launch of Grab Ventures in Singapore in June this year, Grab Ventures was also launched in Indonesia. It will invest in or partner with startups looking to solve mobility, food, logistics, fintech and other O2O challenges.

Grab Ventures is Grab’s new accelerator and investment arm that aims to select Indonesian startups and help them expand in Southeast Asia through strategic investment, technical functional support, mentorship and market access. The initiative complements the US$700 million Grab 4 Indonesia 2020 master plan, which aims to support Indonesia’s goal of becoming Southeast Asia’s largest digital economy by 2020.

Grab plans to raise another $1 billion before year-end

Grab is looking to raise more funds to sustain its growth momentum after securing $2 billion in funding from investors including Toyota and Oppenheimer Funds. Grab aims to raise another $1 billion by the end of 2018, relying on its vast consumer database to further boost Grab's valuation. The six-year-old startup is said to be worth as much as $10 billion. Ming Maa, president of

Grab, said Grab's consumer database is key to accelerating Grab's valuation. Unlike the United States and Europe, consumer data in Southeast Asia remains vague, especially in emerging markets. He added that the company is on a "clear" path to profitability as its business units mature and profits improve. Grab's transportation unit is already profitable in some Southeast Asian markets.

Grab acquired a stake in Vietnamese mobile payment company Moca

Informed sources revealed that Southeast Asian taxi-hailing software giant Grab has acquired a partial stake in Vietnamese mobile payment start-up Moca from Access Venture Capital. This move is seen as further strengthening Grab’s digital presence in the region. Control of payment areas. Founded in 2013,

MOCA provides free payment applications to Vietnamese consumers on iOS and Android platforms. After installing the app, consumers can pay for online transactions anytime, anywhere via their smartphones. Moca's services can be used by many merchants, including dining, shopping, travel and entertainment websites.

early project

AIM listed MySQUAR launches inbound remittance service in Myanmar

Myanmar social media, entertainment and payment platform MySQUAR Co., Ltd., on August 26, two months after acquiring mobile payment operator MyPAY Myanmar Ltd for US$2.6 million. Inbound remittance service was launched on the same day. In the initial phase, the company will start offering cash remittance services between Myanmar and Singapore.

MySQUAR CEO Eric Schaer said: "We will seek to form partnerships with compliance partners in future remittance corridors - the Middle East (Dubai), Thailand and Malaysia, which have large Myanmar diaspora." MySQUAR's The platform will cooperate with Uber Remit in Singapore and OK Dollar in Myanmar to provide remittance services from Singapore to Myanmar.

Singapore travel startup Travelstop has received US$1.2 million in seed round financing

Travelstop is a Singapore-based travel startup founded by former Yahoo and Expedia employees. They have raised $1.2 million in seed funding from a group of investors led by SeedPlus. SeedPlus is a Singapore-based venture fund focusing on the seed stage.

Travelstop will operate in Singapore and other parts of Southeast Asia. The company is an AI-powered software-as-a-service platform designed to simplify business travel for businesses in Asia.Travelstop CEO Prashant Kirtane said the funds will be used to drive product development, build a development team in Singapore and accelerate the platform's growth through sales and marketing.

The stock prices of Thailand’s medical service companies have continued to soar this year. Are Thailand’s medical projects becoming a hot commodity in emerging markets?

Shares of Bangkok Dusit Medical Services Pcl, a Bangkok medical services company, rose 29% in 2018, influenced by rising demand from Thailand's aging population and the growth of medical tourism. This pushed its market value to US$13 billion, surpassing Malaysia's IHH Healthcare Bhd. and becoming the company with the greatest development potential in the medical industry. Despite the stock market rebound, investors believe there is room for further gains in the medical project's share price.

Thai fashion e-commerce Pomelo officially launched in Malaysia

Thai fashion market platform Pomelo was officially launched in Malaysia on August 30. Pomelo will launch 100 new styles every week and provide special clothing collections for seasonal festivals in Malaysia. In addition, customers in Malaysia will be able to access improved delivery services and multiple payment methods such as "cash on delivery." Pomelo will open 700 cargo receiving points in the country, 70% of which are located in Kuala Lumpur and the rest are distributed in the Eastern Peninsula region. The company plans to expand this number to 2,000 outlets in the future.

Pomelo was founded in 2013 and sells to more than 50 countries around the world, with dedicated sales points in Indonesia, Thailand, Australia and Singapore. Last year, Pomelo received $19 million in investment from JD.com, Provident Capital Partners and Lombard Investments.

Vietnam Venture Capital VinaCapital officially launched VinaCapital Ventures with US$100 million.

Vietnam's investment company VinaCapital officially launched the venture fund VinaCapital Ventures with an investment of US$100 million. VinaCapital’s venture capital fund will focus on startups in Vietnam. The company's core vision is to help these startups build regional operations and work with engineers, scientists and innovators to develop market-ready or "disruptive" solutions that solve key industry pain points.

VinaCapital is one of the most successful and experienced investment institutions in the hotel field in Vietnam. VinaCapital's investment team has rich experience in various fields such as financial assets, equity investment, fixed income, venture capital, real estate and infrastructure.

Lippo and Sumitomo bet on logistics, competing for a place in Go-Jek's territory

Japan's Sumitomo Corporation invested in Red Carpet Logistics (RCL), a "last mile" subsidiary of Lippo Group, and the two parties established a broader strategic partnership.

RCL operates 53 centers covering 172 cities and 2,400 districts across the island. It can handle small express delivery, such as purchases and express delivery services on e-commerce platforms, and provide back-end services for merchants. Although the two parties did not disclose the amount of Sumitomo’s investment, Nikkei Asian Review reported that the investment amount was US$9 million. The Japanese trading house will acquire a 40% stake in RCL, which will use the funds to drive growth, including the launch of C2C express platform RCL Express.

Supplycart raises US$2 million to expand customers and suppliers

Supplycart, a Malaysian startup that provides on-demand supply delivery services to businesses, announced on September 3 that it has raised US$2 million from FirstFloor Capital Aucfan and other unnamed investors. Dollar.

Supplycart is an on-demand supply and delivery company that helps customers order and manage office supplies from stationery to office chairs. The company plans to use the funds to expand its customer base, develop products and establish Supplycart as a regional player. In 2016, the company raised $500,000 from unnamed investors including KK Fund and Cradle Fund.

Fave raises US$20 million from Sequoia Capital and others

Kuala Lumpur-based coupon website Fave announced on September 6 that it has raised US$20 million from Sequoia India, Venturra Capital and SIG Asia Investment, among others. Series B financing.

Fave, a website that helps retailers engage consumers with special offers, booking management and analytics tools, and cash-back programs, also owns mobile payments called FavePay. Fave claims to have generated $100 million in revenue for retailers. To date, 3 million users have redeemed coupons on the site.

Indonesian rental network Jendela received seed round funding from Ever Haus

Indonesian online rental platform Jendela 360, a platform that connects apartment owners and tenants, has completed a seed round of financing, and Indonesian venture capital Ever Haus is one of the investors.

Seeing the problems faced by urban residents and the market opportunities, the apartment rental website of Jendela360.com provides potential tenants who want to find an apartment with a simpler and more reliable housing search solution. Unlike other apartment rental websites, Jendela360 offers a different way to search by displaying apartment units using a 360 virtual tour (using VR) so that potential tenants can view and visit the unit online as if they were there in person Same as visiting an apartment.

StarHub and Temasek jointly established Asia's largest network security company

Singapore communications network operator StarHub and Temasek Holdings jointly established one of Asia's largest network security companies Ensign InfoSecurity, providing a full set of network services to global enterprises and governments. An service.

Ensign InfoSecurity was formed from the merger of StarHub subsidiary Accel Systems Technologies (ASTL) and Temasek Holdings' Quann cybersecurity company. StarHub will invest US$26.14 million in the new joint venture, holding 40% of the shares, equivalent to 104 million shares. The remaining 60% of the shares is held by Temasek, equivalent to 156 million shares. The cooperation agreement is expected to be completed in October.

Investment and Financing

The Indonesian government hopes to cooperate with Alibaba to help improve the country's export deficit

As the Indonesian rupiah continues to depreciate, Indonesia seems to have been affected by the currency crises in Turkey and Argentina. One reason for this impact is that Indonesia's current account deficit in July was US$2 billion, which means that Indonesia imported US$2 billion more goods than it exported, meaning that Indonesia is more likely to face a global currency crisis.

Indonesian Minister of Communications and Information Rudiantara met with Jack Ma and Indonesian President Joko on September 1. He also said in an interview on September 2 that Indonesia would cooperate with Alibaba to promote more exports. Indonesia and Jack Ma also discussed how to cooperate to develop technical talents to meet the needs of Indonesia and the region. According to reports, the cooperation between the two parties will be finalized during Jack Ma's next visit to Indonesia in October.

Singapore GIC leads Hebo Medical’s US$85 million Series B financing

Hebo Medical announced on August 27 that it has completed a series of Series B financing of US$85 million to accelerate the growth of its innovative product line, especially in the clinical stage. Advancement of projects and preclinical projects. Singapore’s sovereign wealth fund GIC led this round of financing, and new investors include China Life Healthcare Fund, Vertex Investment, and Series A investment institutions Shangxuan Capital and Legend Capital.

Founded in 2016, Hebo Pharmaceuticals is a global biopharmaceutical company that uses its two globally patented fully human antibody transgenic mouse platforms (Harbour Mice) to develop innovative treatments for tumors and immune diseases.

Singapore startup Trax becomes the region’s new unicorn

Singaporean imaging startup Trax recently became the region’s latest unicorn. In July this year, China Boyu Capital led an E-round financing of US$125 million, and received financing from Warburg Pincus at the end of June last year.

Today, the startup has offices in Asia Pacific, Europe, the Middle East, North and South America, and its clients include brands such as Coca-Cola, Heineken, Nestlé and Henkel. Founded in 2010 and headquartered in Singapore, Trax provides breakthrough image recognition solutions for retailers, especially supermarkets. The company uses image recognition technology to scan and analyze any product on the shelf, then uses sales data to send promotional suggestions back to customers.

Attached Trax financing list

  • Round E of US$125 million on July 1, 2018 Boyu Capital led the round

  • D round on June 27, 2017 led by Warburg Pincus of US$64 million

  • D round led by Investec on February 7, 2017 of US$19.5 million Invested in

  • C round on June 8, 2016, US$40 million. Broad Peak Investment led the

  • D round on December 16, 2014, with US$15 million. Broad Peak Investment participated in the

  • C round on February 1, 2014, with US$15.7 million in the

  • B round in July 2012. $6.4 million on the 1st

  • A round on June 1, 2011$1.1 million

Udaan squeezed into the unicorn club with $225 million in financing

Online mall Udaan received 10 penalties from DST Global and Lightspeed Global owned by Russian Internet billionaire Yuri Milner Received $225 million in funding at a $100 million valuation. At such a valuation, Bengaluru-based Udaan has become one of the fastest startups in India to enter the "unicorn club".

Udaan was launched in November 2016 by former Flipkart executives Vaibhav Gupta, Amod Malviya and Sujeet Kumar and became fully operational last year. It is an end-to-end marketplace that connects businesses in the consumer goods, fashion and electronics industries, providing logistics services and, earlier this year, lending. Udaan is one of many startups trying to tap the potential of India’s B2B e-commerce market.

IoT startup UnaBiz raises more than $10 million in Series A funding

Internet of Things startup UnaBiz announced on August 28 that it has raised more than $10 million in a round of financing co-led by Japanese telecommunications companies KDDI and ENGIE Services. US$10 million in funding. KDDI invested in UnaBiz through the SORACOM IoT Fund program operated by its subsidiary SORACOM Inc. In addition to these two major investors, UnaBiz’s investors include prominent angel investors from Singapore, as well as Taiwan Shin Kong Insurance Co., Ltd., a subsidiary of Taiwan’s Shin Kong Group.

According to UnaBiz, the new funds will be used for the development of IoT applications, increasing "connectivity capabilities, end-to-end solutions and engineering services" for developing applications. UnaBiz is the exclusive operator of Low Power Wide Area Network (LPWAN) provider Sigfox in Singapore and Taiwan.

Vietnam's "didi truck" Logivan received US$1.75 million in Series A financing

According to DealStreetAsia's report on August 29, Singapore's Insignia Ventures Partners and Ethos Partners jointly led the Series A financing of Vietnam's logistics and freight platform Logivan. $1.75 million. In March of this year, Logivan received $600,000 in seed funding from Insignia Ventures Partners.

Logivan provides a central platform that allows users to track shipment and truck locations and optimize truck routes to reduce empty-load recovery rates. Customers can reserve a truck by accessing the Logivan platform online, specifying how many trucks they need and the type of cargo they need delivered.

Foreign investors injected US$24 billion into Vietnam’s economy in the first eight months of 2018

According to data from the Foreign Investment Authority (FIA) of the Ministry of Planning and Investment, there were 1,918 new foreign direct investment projects and new registered capital in the first eight months of 2018. The total amount was US$13.48 billion, an increase of 0.2% over the same period in 2017, and the number of projects increased by 736. The total capital increase was US$5.58 billion, accounting for 87.2% of the figure for the same period last year. The amount of investment and share purchases by foreign investors reached US$24.35 billion, an increase of 4.2%.

As of August 20, the actual funds disbursed for foreign-invested projects reached US$11.25 billion, an increase of 9.2%. The manufacturing and processing industries attracted the greatest attention from foreign investors, with a total capital of US$10.72 billion, accounting for 44% of all registered capital. This is followed by real estate, with a total capitalization of US$5.9 billion, accounting for 24.2%. The third is wholesale and retail, with US$1.87 billion, accounting for 7.6%.

Foreign investment in Philippines gets big jump

Foreign investments approved by the Philippine Investment Promotion Agencies (IPAs) grew in the first half of the year as investment commitments approved surged in the second quarter, according to Philippine Statistics Authority (PSA) data. 10%.

PSA said that projects approved from January to June this year reached US$837 million, higher than US$759 million in the same period last year. Approved foreign investments increased by 70.4% to US$570 million in the second quarter from approximately US$337 million in the same period last year.

Half of the Asian startups that have received DBS Foundation funding are from Southeast Asia

As part of the 2018 Social Enterprise Grant Programme, the DBS Foundation has provided funds totaling US$916,000 to social enterprises in Singapore, Hong Kong, India, Indonesia and Taiwan. Selected companies will receive funding ranging from US$21,000 to US$183,000. Of the 12 Asian start-ups currently funded by DBS Foundation, six are from Southeast Asia.

The fund aims to help these companies improve product quality, bring technology to market, improve existing processes or scale existing operations to achieve greater social impact. Inclusion criteria include the ability to meet social needs, business innovation, and the sustainability and scalability of the business model.

The following is the list of Southeast Asian startups on the list:

  • PT Evogaia Karya Indonesia (Evoware) – (Indonesia)

  • PT. Kreasi Anak Indonesia (GandengTangan) – (Indonesia)

  • PT Miko Bahtera Nusantara (Mycotech) – (Indonesia)

  • 0

    PT Sukkha Citta Indonesia (Indonesia)

  • TreeDots – (Singapore)

  • Yonah – (Singapore)

VinaCapital invested US$25 million in hospital operator Tam Tri Medical

VinaCapital’s flagship fund Vietnam Opportunity Fund (VOF) announced on August 31 that it will invest in private hospital operator T am Tri Medical Shares The company invested US$25 million. The deal will give VOF a sizable minority stake in the company. Tam Tri Medical is expected to use the funds to expand existing facilities and add new ones.

Tam Tri Medical is led by CEO Nguyen Huu Tung, who founded VOF-backed Hoan My Medical Corporation in 2009. Hoan My Medical was acquired by an international investor in 2013.

Thailand Digital Ventures participated in a US$14 million Series B financing round for AI asset management company Pagaya

Digital Ventures, the venture capital arm of Siam Commercial Bank (SCB), participated in a US$14 million Series B financing round for AI asset management company Pagaya. The round was co-led by venture capital fund Oak HC/FT and former American Express Chairman and CEO Harvey Golub, according to Pagaya’s August 30 statement. Other investors include New York-based family office GF Investments, Israeli insurer Clal insurance Ltd and its seed investor Viola Ventures. The company

said that the Series B financing will be used to further develop its proprietary algorithms, expand the team, especially data scientists and AI experts, and launch new investment strategies next year.

Malaysia's Cradle Fund raises US$10 million in seed funding

Cradle fund, an early-stage investment fund with ties to the Malaysian government, raised an additional US$9.9 million for its CIP Catalyst (Cradle Investment Program Catalyst) project between 2008 and 2016. USD seed funding or commercialization funding from external investors including local Malaysian and foreign investors. Launched in 2008,

CIP Catalyst provides funding of up to $36,372 for innovative ideas and prototype development. From 2008 to 2016, 375 ideas were approved, 168 of which have entered commercial operation, and 42 ideas have successfully received further funding.

cooperative organization

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The Bank of Indonesia, a large company, issued two more electronic payment licenses in August. According to the official website of the Bank of Indonesia, the Bank of Indonesia issued an e-money operating license to the financial technology company PT Bluepay Digital Internationa - DayDayNews

Editor's Note

If you are working on an overseas project and want to be reported by 36kr, please contact me via email: [email protected], or add WeChat (jemshenghao) to chat in detail. Please be sure to attach a simple model introduction to the email.

Along with the trend of Chinese funds going global in the second half of 2015, going overseas has become a hot topic in the venture capital field since 2016. Some large companies in China have begun to make strategic layouts around the global market. We have reached exclusive cooperation with a number of venture capital platforms in the United States, India, Singapore and other countries. Through professional screening, editing, integration, and research, we provide the latest and most noteworthy global venture capital information that we believe is the most noteworthy.

We have launched "Overseas Daily", "Southeast Asia Venture Capital Weekly", "Indian Venture Capital Weekly", "Brazil Venture Capital Weekly" and "Silicon Valley Venture Capital Weekly". As a result, 36Kr, along with the first batch of entrepreneurs and investment institutions in China to go overseas, became China's first venture capital and business media to go overseas.

Next, 36Kr will launch a series of products focusing on “going overseas”. As the most influential business media in China, 36Kr should continue to provide such products, provide users with value judgments, and let some people see the future from a cutting-edge and professional perspective.

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