What’s cooking in Southeast Asia’s foodtech scene?

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Hello,

Some things are inevitable, like death and taxes, as Benjamin Franklin would say.

Now that I’ve got my throwaway wisdom for the day out of the way, let’s talk about something that’s even more predictable than death and taxes: the food ordering and delivery business. Wasn’t it purely a matter of time before food delivery firms also started offering restaurant reservations?

You could wither where you stand if you don’t adapt and grow. And in today’s premium story, we map out the food business in Southeast Asia and chart the shifts happening in the sector.

Before we dive in, here’s a form you can fill out if you are looking to raise funds – we can help get the word out.

Today we look at:

• Mapping Southeast Asia’s food tech players and their moves
• Indonesia’s UpBanx has launched an AI product for content creators
• Other newsy highlights such as MAS’ AI talent development program and Huobi’s fall in Malaysia.

— Nikita

Premium summary

Ordering in, out

Image credit: Timmy Loen

Anyone who’s been awake and aware for a minute knows that the food business isn’t just about getting parcels of food delivered to your house. That’s only the most visible part.

To help give you a sense of the overall industry, we’ve mapped out all the food delivery and food delivery-adjacent startups in Southeast Asia.

• Out for a bite: With the return of offline dining, the volume of transactions processed by restaurant management startups will likely increase. This is why a number of startups in this space have secured funding in recent months. Some examples include Indonesia-based iSeller, Runchise, ESB, and Majoo, as well as Philippine-based Mosaic Solutions.

The bridge from fintech to content is generative AI

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