| by Michelle Tang | No comments

Who is Leading the Virtual Bank Race in Hong Kong?

In 2019, the Hong Kong Monetary Authority licensed eight virtual banks. These eight firms are: ZA Bank, Mox Bank, WeLab, Airstar, Livi, PAOB, Ant Bank and Fusion. Amongst the eight virtual banks in Hong Kong, this represents an average annual revenue opportunity of HKD 9.5 billion (US$1.2 billion), and equates to an average revenue market of about 2.4% per virtual bank.

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| by Charlie Sheng | No comments

Grab vs Bolt: Ride-hailing Market Share in Thailand 

Southeast Asia’s ride-hailing market keeps evolving as more players join and as users’ behavior shifts. As most of the Southeast Asian countries reopen, the ride-hailing market has gradually grown back to normal pre-covid figures. In Thailand, Bolt and Grab are the two major ride-hailing apps still in the game after Gojek sold its Thai business […]

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| by Michelle Tang | No comments

Indian E-Commerce War: Amazon vs Flipkart

When you talk about Indian e-commerce, Amazon and Flipkart are the rulers in this hotly contested space. Flipkart, a homegrown e-commerce platform, and Amazon’s Indian arm each reportedly have market shares of over 30% in the country’s online retail market.  In this article, we take a look at our transactional e-receipt consumer panel in India […]

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| by Charlie Sheng | No comments

Gojek vs Grab Market Share Report 2022 Q1: Ride-hailing

Before the impending IPO of GoTo Group, it’s about time to update the latest market share of Southeast Asia’s biggest super apps: Gojek and Grab. At Measurable AI, we build and own a unique consumer panel and are the largest transactional email receipt data provider for the emerging markets, delivering both aggregated and raw data. […]

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| by Michelle Tang | 1 comment

A Closer Look at PayTM, India’s Biggest IPO to Date.

Digital payments in India are growing at a scorching pace. According to the Economist Intelligence Unit, when it comes to digital payments, India has outpaced the rest of the world, registering the highest number of real-time payment transactions. CLSA Research forecasts the digital payment market in India to grow three-fold to touch US$1 trillion by […]

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| by Charlie Sheng | 1 comment

Ride-hailing Race in Indonesia: Gojek versus Grab

In South East Asia, Gojek and Grab remain to be the two biggest ride-hailing mobility players, just like Uber and Lyft in the US. A lot has happened to both companies in Southeast Asia in the past year: Gojek announced its merger with Tokopedia and became GoTo Group; Grab app just finished its bell-ringing ceremony […]

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| by Michelle Tang | No comments

Shein, The Fastest Growing E-Commerce Company in the World

The Fastest Growing E-commerce Company in the World The latest trend in the fashion industry is the rise of a handful of fast fashion brands targeted at Gen Z. Amongst these fast fashion companies, the one that has catapulted to cult status among young women across the globe is the Chinese retailer Shein, with a […]

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| by Michelle Tang | No comments

How Alternative Data Can Help Predict Market Behavior

How Corporates Are Increasingly Relying on External Data to Further Their Competitive and Digital Edge
ー Over the years, companies have increasingly relied on integrating alternative data sets to add real-world context to internal business decisions. Companies can more accurately identify their competitors and predict their market behavior.

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| by Charlie Sheng | No comments

Tale of Two Guys: Food Delivery Market in Taiwan

Taiwan, the birthplace of bubble milk tea, is one of the fastest growing food delivery markets in Asia. In Taiwan, people created cute nicknames for UberEats and Foodpanda (吳伯毅 and 傅胖達), which sounds just like two guys’ names in Chinese. After Deliveroo quit the market in 2020, the “two guys” remain the biggest players in […]

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| by Michelle Tang | No comments

A Grab Explainer: FoodDelivery, Rideshare, and More

Founded in 2012, Southeast Asia’s super app Grab is seeking an IPO through SPAC merger, which reportedly might become the biggest-ever U.S. equity offering by a South-East Asian company. Grab provides essential services including rideshare, food delivery, hotel booking, on-demand delivery, and payment services with its namesake mobile application. It now serves 670 million people […]

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