Dear readers,
Last week, I analyzed Gojek and Grabās valuations and profitability prospects. I made the point that these two companies are attempting to build an ecosystem on top of two consumer services ā food delivery and ride-hailing ā that have yet to turn profitable.
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Weāre truly in the era of super apps. Iām seeing more startups adopt the moniker for themselves. Personally, I have mixed feelings about it ā being unfocused often doesnāt end well.
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As always, check out our premium content from the past week:
- Fast-growing Vietnamese startup offers one subscription for every lifestyle need
- Luckin Coffee vs Starbucks: a tale of asymmetrical warfare
- Do startups need M&A advisory firms to raise money or exit?
- Thousands of beauty artists in Indonesia are paying this startup to get more sales
- Rising startups on Tech In Asia: fresh farm produce, biotech, cloud kitchens
- Thai startup helping factories get efficient secures funding
- Ex-Zalora and iPrice marketing boss launches a new āstartup schoolā in Indonesia
- Startup bags funding from 500 Startups, Expara to help banks better interact with clients
- TheLorryās got a fight on its hands, and Unileverās backing it to win
- Gobi-backed startup wants to help students make better education choices
- Meet the 50 top-funded startups and tech companies in Southeast Asia
- Meet the 50 top-funded startups and tech companies in Japan
Cheers,
Terence
Chief editor
Editing by Eileen C. Ang
(And yes, weāre serious about ethics and transparency. More information here.)