“Even if you’re drowning, give it one last shot”
Ride-hailing giant Gojek and marketplace Tokopedia, Indonesia’s two largest startups, said a couple of days ago that they’ve merged their businesses to form GoTo Group, on track for a $35-$40B IPO end year.
This sets more fuel to the fire of SuperApps rising in Southeast Asia: a trend that is actually moving from East to West. But is it all that it’s cut out to be?From the rise of SuperApps to the unique challenges of the two-wheeler opportunity in a country like Pakistan, to the fear of a meaningless life, Muneeb Maayr, Bykea and I cover it all.
👊🏻 5 THINGS YOU’LL LEARN:
– Will everything eventually be a Superapp & why?
– What a hyper-local strategy actually means
– The immense competition of global brands & how that impacts a local startup
– The payments revolution – cash on delivery in the East?
– How Bykea is thinking about the future of digitization and building trust
ABOUT MUNEEB MAAYR
Muneeb Maayr is Founder at Bykea, the largest network of motorbikes serving on-demand transport, logistics and payment services in Pakistan. Muneeb graduated from the University of Virginia to work in investment banking at Bear Stearns in New York City right after college. He then led a 600 person back office for SNL Financial in Islamabad, a business acquired by Standard & Poors. Prior to Bykea, Muneeb was Co-Founder and CEO at Daraz.pk, Pakistan’s leading ecommerce platform, acquired by Alibaba Group.