The Weekly Snapshot: News from Gojek, Sorabel, Ant Group, and more
Gojek appointed a new group chief technology officer, Indonesian fashion ecommerce startup Sorabel is set to close down after the Covid-19 pandemic wiped out its cash, and Ant Group has started the process of doing a concurrent IPO on the Shanghai Stock Exchange’s Star Market and the Stock Exchange of Hong Kong.

Gojek chief technology officer Severan Rault / Photo credit: Gojek
Hear the details on all these stories and more on this week’s episode of The Weekly Snapshot.
Timecodes:
00:00 – Intro music
00:19 – Gojek names former Amazon exec as new chief technology officer
02:16 – Indonesian fashion startup Sorabel to close down as Covid-19 wipes out cash
05:28 – Alibaba’s Ant reportedly seeks US$200 billion valuation in Shanghai and Hong Kong IPO
06:16 – Singapore’s Insider bags US$32 million in series C money
07:27 – Alibaba-backed Xpeng Motors secures US$500 million in series C+ round
Download the full transcript here.
Episode Sponsor:
The Cereal Entrepreneur is a podcast by Startup Magazine. Its last series focuses on startups that have shifted their business strategies to support others amid theCovid-19 crisis. It features companies that do 3D printing for hospitals, create networks for small businesses, and more.
Subscribe to The Cereal Entrepreneur wherever you listen to podcasts or visit the Startup Magazine website to learn more.
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Editing by Eileen C. Ang
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