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ByteDance’s social media company to invest $1.5bn for controlling stake in GoTo unit
Abu Dhabi Investment Authority-led round lifts super app’s value by about 60% ahead of listing
Dealmaking hit $19bn in first half of 2021 as investors piled into fast-growing digital economy
Getting closer in size to competitors is key to staying in the game
South-east Asian start-ups to begin preparing for stock market listing at valuation of $40bn
Indonesian tie-up would create one of south-east Asia’s biggest companies
Peter Thiel and Richard Li’s Bridgetown has approached south-east Asian start-up
China’s biggest tech companies have invested in rivals Lazada, Shopee and Tokopedia
Temasek, SoftBank and Alibaba are expected to invest in ecommerce platform
Ecommerce site valued at ‘more than $7bn’ after funding round led by Japanese group
Tech and consumer groups scour country for deals
Tokopedia takes top spot from Lazada as more consumers embrace online shopping
From ecommerce to cloud services, the fight is on to dominate a market of 200m online
Popularity of homegrown websites Tokopedia and Bukalapak on the rise
Internet retailer is expanding across Southeast Asia with backing from Berlin
Growth likely, but transport and payment infrastructure improvements still required
International Edition