MidTrans Gojek

Here’s what you should know.

1. Lazada’s membership programme LiveUp is ‘absolutely’ coming to Indonesia

Talking in front of the audience in Jakarta during startup conference TechinAsia, Lazada Group CEO Max Bittner confirmed the plan for LiveUp expansion to Indonesia but refused to set a timeline.

LiveUp is a membership programme created by Lazada, teaming up with Redmart, Uber, and Netflix in response to the entrance of Amazon in Singapore earlier this year.

In Singapore, Bittner claimed the programme has seen paid customers grow more than three times their target.

Read the full story here

2. Go-Jek is on the lookout for another acquisition, eyeing Midtrans

Go-Jek is reportedly in pursuit of a strategic acquisition of payment gateway Midtrans, with the deal valued at over $100 million.

In the last year, Go-Jek has made five acquisitions including ticketing company LOKET, Leftshift, MVCommerce, Pianta, and C42 Engineering. The company also participated in funding round of Halodoc, Jakarta-based network platform which has integrated with Go-Jek’s medicine delivery service, Go-Med.

The acquisition will be a step to strengthen its payment capability, especially after rival Grab rolled-out new service for third-party merchants payment with GrabPay in Singapore, with expansion to another country planned next year.

Read the full story here.

3. HotelQuickly’s CEO steps down, remain as board advisor

The company’s CEO and co-founder Tomas Laboutka has stepped down from its role while remain serving as a Board Advisor and assist in HotelQuickly’s business strategy over the next months.

Laboutka founded HotelQuickly in Hong Kong to help travelers find last-minute bookings in 2012 with CFO Mario Peng, CSO Raphael Cohen, CMO and COO Christian Mischler, and CTO Michal Juhas.

Since then, the company has expanded to 15 other countries in Southeast Asia, offering 12,000 hotels in more than 250 destination.

Read the full story here.

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