“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?
Muneeb Maayr, Founder of Bykea joins us this week on #BillionDollarMoves to unpack the news & share his game plan for Bykea, Pakistan’s hyper-local marketplace powered by a network of Motorcycles (p.s, there are 17 million in Pakistan!)
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 and I cover it all!
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👊🏻 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
More on Bykea: https://www.bykea.com/
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PODCAST INFO:
Podcast website: https://sarah-chen.com/billion-dollar-episodes
Watch on Youtube: https://tinyurl.com/sarahchenglobal
Join the community: https://sarah-chen.ck.page/billiondollarmoves
FOLLOW SARAH:
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