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Indonesian unicorn startup Traveloka announced the resignation of its co-founder, Derianto Kusuma, from his position as chief technology officer on Tuesday. Derianto was one of three persons involved in the establishment in February 2012 of the online…
Indonesian ride-hailing firm Go-Jek kicked off a trial launch in parts of Singapore on Thursday and plans to roll out an array of services through its app in early 2019, challenging dominant player Grab in the small city-state. Both Go-Jek and Grab are…
Vietnam is the first stop for Enterprise Rent-A-Car in Asia, after 85 locations in Europe and the Americas. The world’s largest car rental servicer, Enterprise Holdings, recently announced that its Enterprise Rent-A-Car service is now available in Vietnam.…
Last week, a sea of red filled the inside of a milk tea shop in Ho Chi Minh City instead of regular young customers usually found in such places. GoViet drivers were queuing up to purchase food ordered by customers over its online delivery app Go Food, which…
7-Eleven South Korea has launched an unmanned locker service called Seven Locker at two stores in Seoul. The initiative is part of the company’s effort to diversify operations and generate more profits for its convenience stores. The Seven Locker trial…
Vietnamese online gaming giant VNG has reported Jan-Sept 2018 profits of VND152 billion ($6.5 million), a 52 percent year-on-year slump. The company has said in its third-quarter financial statement that higher expenditures have eaten into its profits.…
KT announced Wednesday it will introduce a fixed-line network 10 times faster than its current offerings in Seoul as well as six major Korean cities. The launch of Korea’s first home internet with speeds of up to 10 gigabits per second (Gbps) comes about four…
TrueMoney Vietnam has obtained an Intermediary Payment Services License from the State Bank of Vietnam to operate digital financial services in the market. The company, part of Thailand-based True Corporation’s payment services subsidiary Ascend Money, has…
DHL eCommerce has launched ServicePoints networks in key Asian markets. In a statement issued today (24 November), DHL eCommerce said that it has established a network of more than 200 ServicePoints in Thailand – which will enable commerce sellers to ship…
Thai shopping mall MBK Center has launched a “Bangkok Buddy” service aimed at providing a memorable customer experience for local and international shoppers. Available from 2pm every day, the two-hour experience starts with an exclusive hip hop and…
In a recent video software market report, ABI Research evaluates expectations of the new TV as a Service (TVaaS) business model and finds that TVaaS revenues will grow from 10% in 2016 to 35% of video software revenues in 2021. The TVaaS model states that…
Singtel has collaborated with AXA Insurance to launch a joint smart car solution aimed at promoting better and safer driving habits. The joint solution comprises a Modus smart car device synchronized with a cloud-based smart car application over Singtel’s…
The Bank for Investment and Development of Vietnam (BIDV) is officially applying a new fee schedule for e-banking. The fee on transfers via e-banking of less than VND10 million ($440) is up from VND6,600 (29 cents) to VND7,000 (31 cents), and for up to VND500…
Vietjet has just launched two new routes on both the international and domestic fronts in its continued service extension program. The new routes are expected to meet the increasing travel demand of individuals, travelers and businessmen, looking to boost…
Honestbee, Asia’s leading and trusted online concierge and delivery service, is following its Bangkok launch in March 2017 with 3 free water-festival weekly giveaways with all shopping orders from now until April 17th, 2017. A bonus gift of a traditional…
Singapore Telecommunications, known as Singtel, is partnering with Indonesian operator Telkomsel to launch a real-time mobile remittance service in Indonesia, to boost its mobile money initiatives and tap into the relatively unbanked market in that country.…
