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Insights
01-Feb-19 Indonesian ride-hailing company Go-Jek has now raised more than USD1 bn with the close of its Series F funding round. Investors included tech giants Google and Tencent as well as Chinese e-commerce player JD.com and Japan's Mitsubishi Corp. [image: afif c. kusuma / iStock Editorial / Getty Image]
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22-Jan-19 China’s tech boomtown of Shenzhen has eased Hong Kong out of Asia’s top five cities by economic output. The burgeoning southern metropolis booked a 2018 GDP of CNY2.4 tn (USD356 bn), representing a year-on-year surge of 7.5%. [image: Twitter]
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18-Jan-19 Malaysia’s reluctance to sign the Trans-Pacific Partnership has resulted in a sharp slowing of investment. Malaysia approved 15 medical-device manufacturing projects in Jan-Sep 2018 for USD160 mn, notably lower than the 25 projects in 2017 worth USD500 mn. [image: Singapore Business Review]
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13-Jan-19 Vietnamese companies are branching out into new areas, in line with the government's goal of establishing the country as a manufacturing powerhouse by 2020. Real-estate conglomerate Vingroup has started manufacturing e-motorbikes, smartphones and is set to enter the car industry. [image: Nikkei Asian Review]
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08-Jan-19 Alibaba Group’s smart assistant, Tmall Genie, will launch in select BMW vehicles in China by the end of 2019. Drivers will be able to use Tmall Genie to shop online, view cinema listings or check the weather at their destination. [image: Alzila]
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