Tabita
Stories by Tabita
SE Asia’s coffee war sees Chinese chains take on native brands
Coffee chains are pursuing different approaches and strategies to crack the diverse SE Asian region
Australian VC Square Peg plans to raise $550m for sixth fund
SE Asia to remain a dominant market for the next fund as well, Square Peg Partner Tushar Roy said.
Indonesian startups Tjufoo, Sinbad announce merger, creation of new holding entity
DealStreetAsia first broke the story of their merger plans in April.
Indonesian coffee unicorn Kopi Kenangan serves up new brand for mass market
Jago Coffee and Janji Jiwa also offer beverages at low price points.
ID Digest: Blibli cuts losses; Traveloka prepays debt
Blibli's take rate increased to 6.3% in Q1 2024, compared with 4.9% in Q1 2023.
Indonesian media firm DailySocial lays off entire workforce amid “transition”
The company is not shutting down its entire operations, CEO Rama Mamuaya told DealStreetAsia.
IFC proposes to invest up to $7m in Philippines fintech startup First Circle
First Circle provides loans for SMEs.
Indonesian poultry startup Pitik said to have laid off more than 50% staff
Another startup Chickin, meanwhile, has reportedly finalised an $8m extension round.
Indonesia’s Jago Coffee brews big expansion plans after pocketing fresh funding
The firm has raised $6m in Series A funding led by existing investors Intudo Ventures and BEENEXT Accelerate.
Budget hotel operator RedDoorz issues shares worth $28m to Asia Partners, Jungle Ventures, others
The company allotted Series C1 shares to 10 convertible note holders.
