Dana CEO Vincent Iswara aims to prove ‘first-mover’ theory wrong. With backing from the Alibaba affiliate plus plans to raise more capital, his company represents a credible threat to existing players.
Business-to-consumer ecosystems could turbo-charge the growth of insurance in Asia. Trouble is, partnerships often fizzle out due to insurers’ old-fashioned wiring and inflexible cultures. Time for a reboot.
Following a year of mega IPO flops, Chinese VC investment plummeted in the second quarter as private investors baulked at spiralling valuations. Staying private for longer will no longer be so easy for entrepreneurs.