atans1

S’pore, Indonesia doing well in unicorn breeding

In Indonesia on 26/08/2019 at 3:00 pm

A unicorn is a privately held startup company with a current valuation of US$1 billion or more.

S’pore’s got two: Grab (the mobility platform that wants to conquer SE Asia) and Trax (Computer vision technology for use in retail industry: FT builds tools for bricks-and-mortar retail)

Whatever, we are doing pretty well in unicorn breeding. We’ve got two, while Japan has only three.

But then Indonesia has four  Go-Jek, Tokopedia, Traveloka, and Bukalapak.

Go-Jek is a mobility platform that also wants to rule SE Asia. Tokopedia and  Bukalapak are e-commerce businesses Traveloka provides airline ticketing and hotel booking services online.

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