Official Employee Login Portal At www.myhtspace.com.
myhtspace Google and Microsoft, too, find themselves on opposing sides. Both have poured over $100 million into the duo—Google in Go-Jek and Microsoft in Grab. The size of these deals hasn’t been previously reported. At this point, Grab and Go-Jek have become the de-facto gatekeepers to Southeast Asia’s digital economy. Companies entering the region are flocking … Read more
The NPCI and its steering committee members—which include banks and rivals like Paytm—want to charge a commission for this move. They even proposed a fee structure, where the customer pays up to 1% of the transaction amount as a fee to the merchant, the app, and the banks involved. The NPCI’s logic for charging this … Read more
It is estimated that about 100 million today use digital payments. There’s also the belief that the next 100 million users are WhatsApp’s to take, due to its popularity as a messaging platform in the country. Google Pay, too, is swarming over PhonePe for market share, and with WhatsApp’s launch of payments imminent, the ATM … Read more
“There was an intense debate before we launched this [service]. Regulatory issues, fraud, fake notes… we were conscious about that, but still, we went ahead,” says a PhonePe executive. He is not authorised to speak to the media. As expected, PhonePe’s rivals are clamouring that its move does not have any regulatory clearances. The National … Read more
The price hike coupled with reduced capacity has seen domestic air travel in Indonesia dip for the first time, Brendan Sobie, a Singapore-based independent aviation expert, told us in a phone interview. “I expect domestic passenger traffic in Indonesia to be down nearly 20% this year, based on the capacity figures for 2019 vs 2018 … Read more
The sole remaining outsider was AirAsia. The Malaysian budget airline’s Indonesian branch only accounted for a slim 2-3% of domestic flights, but when Lion Air Group and Garuda made a pact to stop selling discounted seats, the cheap tickets still offered by AirAsia on a few routes stood out. So, Garuda, leveraging its status as … Read more
For AirAsia’s rivals, desperate to move towards profitability, the drastic steps—raising prices and leaning on OTAs—were vital for survival. AirAsia, although facing its own struggles for profitability, seems unfazed. Rather than toeing the line of OTAs or rivals, it has chalked out a digital strategy it hopes will differentiate it from the competition and turn … Read more
Gojek offered on-demand food delivery alongside personal transportation on motorcycle taxis. This multi-service fleet proved so effective in Indonesia that its rival Grab also adopted the model later. It’s less of an advantage in cities that don’t have motorcycle taxis. But in Indonesia, where this mode of transportation is common, it allowed delivery platforms to … Read more
Delivery Hero had been competing with Woowa in South Korea, so the deal puts an end to that rivalry, serving both sides. Details of the deal are still under review by South Korea’s antitrust regulator, however, and the companies plan to continue operating both apps separately. But Southeast Asia is a different story—a challenge Woowa’s … Read more
It also wants to make big investments in cloud kitchens, a form of business that rents out fully functional kitchens to restaurants. Foodpanda is aiming to go from the “handful” of cloud kitchens it operates now to 100 in the region in 2020. Cloud kitchens represent a critical new phase in the evolution of food … Read more