In South-East Asian Internet battle, Sea’s rise sends rivals scrambling

Singapore-based Sea is muscling into food delivery and financial services in Indonesia, the world’s fourth-most-populous country, posing a new threat to regional rivals including ride-hailing and delivery unicorns Grab and GoJek. — Reuters

SINGAPORE: In front of an open-air Jakarta restaurant, delivery drivers clad in the orange colours of South-East Asia tech group Sea Ltd wait for orders next to the green-jacketed riders of market leaders Gojek and Grab, in what has become the latest battleground for tech supremacy in South-East Asia.

The humble noodles eatery signed up for Sea’s nascent ShopeeFood service a month ago, but “immediately, there were orders everyday”, said manager M.A Rasyid.