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Like most markets in the region, Vietnam’s food delivery space is dominated by two players. One of them is GrabFood, the food delivery arm of Singapore-headquartered super app Grab. GrabFood is dominant across the region, with a GMV of US$7.6 billion in 2021. In Vietnam, it has a 41% market share, according to the Momentum … Read more
With Duterte’s departure, Dito remains unbothered. Probably because its most powerful ally is here to stay. China Telecom could be the key to Dito’s survival—and success. Globe and Smart also have foreign partners holding a sizable stake. PLDT has Hong Kong-based First Pacific, which has a 25.57% stake in the telco, and Globe has Singapore’s Singtel, which has a … Read more
The question now is how far can Dito go? When there are only two players in an industry, neither one has much incentive to improve, said Dr Phil Torio, an Associate Professor of the Ateneo School of Government. Torio, who was also executive director of the country’s Public-Private Partnership Center, specialises in infrastructure, utilities, and … Read more
Expanding financial inclusion One of Vietnam’s unique quirks is that you need to have a physical bank account to open an e-wallet account. Luckily for MoMo and other e-wallets, the government made this process much easier last year by allowing people to open bank accounts online. But first, MoMo has to figure out how to … Read more
It’s not just those without prior diagnostic experience leaping into the space. The Tata Group, which has been in the health space since 2015, founded Tata Medical and Diagnostics (Tata MD) in 2020. The company see on the Feluda paper strip test for rapid results, but it turned out to be unviable due to the … Read more