From the outside looking in, it sure seems like the Grab and Go-Jek funding war has the makings of a bubble – gigantic money chasing after vastly unprofitable businesses.
But we contend that such a view is too cynical and ignores the potential upsides.
In fact, we think it’s ultimately good for Southeast Asia’s ecosystem.
Moving along, we also covered how Blacklane, a startup that’s essentially Uber for business travelers, is doubling down on Asia Pacific.
Also, check out our scoop on how Carousell raised US$56 million from Naspers’ classifieds giant OLX.
Finally, we have a subscriber-only meetup coming up in Singapore featuring Rameez Ansar, the co-founder of Circles.Life, which was recently backed by Sequoia India.