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Insights
26-Apr-19 Singapore’s largest ride-hailing company, Grab has invested in last-mile delivery firm Ninja Van, which will see Grab’s current logistics service, GrabExpress, expand its offerings to include scheduled deliveries on top of on-demand deliveries. [image: Bloomberg / South China Morning Post]
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20-Mar-19 Indonesia-based logistic startup, Kargo Technologies, debuts in Southeast Asia after raising seed funding of USD7.6 mn. Kargo is also backed by Uber founder Travis Kalanick’s 10100 Fund, and co-founder of Northstar Group, Patrick Walujo, an early investor in Go-Jek. [image: KrAsia]
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11-Mar-19 Alibaba Group will take a 14% stake in STO Express through a USD693 mn exchange for a 49% stake, making this the e-commerce giant's fourth significant investment in a Chinese courier company. [image: Reuters / Aly Song]
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Insights
07-Mar-19 The rise of the Russian Far East District as an attractive destination for investment in manufacturing is down to several factors - rich natural resources, abundant land, upgraded infrastructure, access to Eurasia and generous tax incentives. [image: Far East Development Corporation (FEDC)]
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01-Mar-19 Weak demand in China and the Sino-US trade war took a heavy toll across Asia in Feb-19. China's manufacturing contracted for the third month, Japan's factory gauge fell at the sharpest pace in 2-1/2 years and South Korea's exports plummeted. [image: Norihiko Shirouzu / Reuters]
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