So back to the "market leader" thing. The prospectus reiterates that many Rocket sites are market leaders but never defines the term. Jabong is pulling impressive user traffic in India—almost 2 million visits per day, as the data above from SimilarWeb show. But that number is nowhere near Flipkart's daily average of 2.45 million.
* Malaysia’s Patrick Grove Aims To Go Global With Iflix Video-On-Demand—Forbes Asia
By Susan Cunningham Forbes Asia (This profile appeared in the March 2017 issue of Forbes Asia. Within ten days of its March 1 publication, Richard Quest conducted an in-person interview on CNN with the subject. Just a coincidence?) Patrick Y-Kin Grove is leaning against the pool table in Catcha Group's headquarters in the Mid Valley... Continue Reading →
* As Myanmar looks to develop, a value-added revolution is needed in the countryside—Mizzima
The goal of becoming once again the world’s rice basket is wrong: "If Myanmar emerged as the top exporter of rice and if farmers get rich, why not? But if farmers remain poor, what’s the point? … China’s policy is to reduce the rice-growing area. Vietnam has the target of being rice self-sufficient; it also has among the world’s highest use of agro-chemicals. So what if padi production goes down as a result?"
* Malaysia’s Anthony Tan Leads GrabTaxi in Regional App Race—Forbes Asia
GrabTaxi may have won the first rounds. At the end of 2014 Easy Taxi pulled out of Indonesia and was laying off staff in Malaysia, while GrabTaxi Holdings had raised almost $340 million in venture capital and loans; Japan’s SoftBank is its biggest investor.
* 2014 in Review: Thailand’s startup scene—Digital News Asia
It difficult to know whether there actually have been more charges or prosecutions this year relating to lèse majesté – that is, insulting the king or immediate members of the royal family. The previous elected government, led by Yingluck Shinawatra, also oversaw long trials ...
Susan J Cunningham 