Grab and Gojek can’t be both right
Grab and Gojek both claim to be negotiating from strength in their merger talks. Grab and Gojek, who dominate ride-hailing and food delivery in south-east Asia, each told their staff that they are in a position of strength ahead of a potential merger. Grab is valued at US$10bn twice that of Gojek. The two start-ups have been...
How to encourage innovation
I saw a post that KFC has introduced a self driving kiosk to provide food to customers in Shanghai. My question is - why does KFC not introduce this kiosk in Singapore? A friend said - because Singapore has regulations on self driving vehicles. I am sure that Shanghai has similar regulations. The key difference is - the leaders...
Bottom Up Works Best But The Top Needs To Show Who Is Boss
As mentioned in an earlier post, “The Real Damage to China,” one of the biggest stories to go relatively uncovered, was the cancellation of the Initial Public Offering (IPO) of Ant Financial Group (“Ant”). The story was overshadowed by the results of the US election, and while the identity of the US President and his...
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