For years, Western observers have talked about Asia’s massive future potential. But the future arrived even faster than expected. The question is no longer how quickly Asia will rise; it is how Asia will lead.
Shopee, which comes under Sea, expanded from 10 to 1,000 workers in just four years, and have markets in Singapore, Indonesia, Malaysia, Vietnam, Thailand, the Philippines and Taiwan, illustrating the importance of communication, collaboration and teamwork.Some years ago, I brought a group of students on a learning journey to Yogyakarta, Indonesia. We visited the Borobudur Temple, and got acquainted with remnants of this historical site that once thrived in a Buddhist kingdom.
American start-up Uber learnt it the hard way when it failed to understand a local market thoughtfully. In its early days in Indonesia, Uber didn’t offer an option for cash payment and consequently lost significant market share to local competitor Grab.
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