Accelerators & Incubators
Policy & Regulation
China's TikTok CEO Kevin Mayer Quits after Less Than Three Months
TikTok, in an emailed statement, confirmed the departure and said that the political dynamics of the last few months had “significantly changed” the scope of Mayer’s role.
Joseph Phua Steps Down as Group CEO of M17 Entertainment
Under Ono’s leadership, M17 will aim to continue growing into a global live streaming platform.
Bukalapak Co-Founder Appointed as Chairman of Telkom Indonesia's Venture Arm
Mr Rasyid said he plans to help boost Telkom's digital revenue, as the group is projecting a significant increase in the years to come.
Forbes’ Top Chinese Ceos List Includes Names from Alibaba, Tencent And Meituan Among The Top Five
The list also signifies Shenzhen’s position as a leading business center for China.
Indonesian Fintech Startup Ayoconnect Raises US$5M in Pre-Series B, Names New CFO
The company also named Alex Jatra –a former executive at HARA, Dattabot, and Kejora Ventures– as its new CFO.
Sequoia India Appoints Former Gojek CTO Gore as Operating Partner
Gore will work closely with the chief technology and product officers of Sequoia's portfolio startups, providing them insights on building and scaling engineering, data science, product and design functions.
Singapore-Based Startup Gobear Appoints Kent Huang as New CFO
Kent Huang has held senior finance positions at companies such as GE, PayPal, and Intuit and most recently served as Group Head of Finance for APAC at Funding Societies.
Chinese Transportation Giant Didi’s Global COO Tony Qiu Quits Job to Join Kuaishou
Qiu joined Didi in 2015 and oversaw the luxury business and globalization, reporting to Zhu.
Indonesia's Gojek Names Severan Rault as New CTO
Rault will oversee all of the technology behind gojek's ecosystem and manage the company's engineering teams across Southeast Asia and India.
China's Video Streaming Platform iQIYI Appoints Three Country Managers in SE Asia Push
The appointment of the three country-managers also comes at a time when the Southeast Asian region is witnessing growing consolidation in the video-streaming space.
Uber Elevates Prabhjeet Singh as President India, South Asia
Singh will replace Pradeep Parmeswaran who was made regional general manager for Asia Pacific on 19 June.
Jon Sheppard, CTO of Gojek’s Financial Arm, Announces Departure
Per his Linkedin post, Sheppard is understood to have taken up a new role as the CTO for Pakistan-based fintech firm Sadapay.
Pinduoduo Founder Passes Alibaba’s Jack Ma As China’s Second-Richest Man
Colin Huang, 40, was worth $45.4 billion today, ranking No. 2 in China only to Tencent Holdings CEO Ma Huateng, also known as Pony Ma, who was worth an estimated $51.5 billion.
Jack Ma Leaves SoftBank Board after 13 Years
Alibaba went on to become one of the world’s largest companies with a market capitalization of USD 546 billion. SoftBank still holds about 25% of the company.
MDI Ventures Names Donald Wihardja as Its New CEO, Aims to Announce New Funds This Year
The multi-stage VC firm backed by Telkom Indonesia conducts operations both in Singapore and Silicon Valley.
Bukalapak Co-Founders Zaky, Xinuc Set up Early-Stage VC Fund Init 6
Currently deploying funds from their personal pockets, to invest in seed and Series A-stage startups in Indonesia.
Gaocheng Capital Founding Partner Daisy Cai Joins SoftBank Vision Fund
Prior to Gaocheng Capital, Cai served as the managing partner at Baidu Capital and Baidu Ventures – the investment vehicles of Chinese dominant search engine Baidu.
【Exclusive】Not so automatic FDI from China to India!
Various industry bodies including companies and investors in India and China have already reached out to the government seeking various types of clarification on the Press Note as well as the FDI Amendment.
by Dipti Lavya Swain
Mohamed Okasha steps down as Fawry’s managing director to launch $25 million fintech fund
The fund will invest in Egyptian fintech startups across different stages.
gojek reportedly lays off employees: report
gojek has reportedly laid off employees in the mid to lower level positions, as the Indonesian ride-hailing giant continues to focus on efficiency and profitability
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