DOCSLIB.ORG

Catcha Group Or That SEA Would Have More Internet Here’S a Midway Checkpoint of Those Users Than the US? Predictions

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Catcha Group Or That SEA Would Have More Internet Here’S a Midway Checkpoint of Those Users Than the US? Predictions December 2018 8 Predictions for the Southeast Asian Tech Scene – A Checkpoint Plus 3 New Predictions for Indonesia 2 FOREWORD Hey folks! brand-new ones just for Indonesia! Even I never expected that SEA’s tech If you know me, you know how much of entrepreneurs would be killing it at this Let’s see how many we get right. And a Southeast Asia (SEA) believer I am! level! more importantly, let’s see if SEA can surpass even Catcha’s wildest I’m always impressed, inspired and But my team and I like a challenge. So expectations in the next 24 months! invigorated by the talent, opportunities, we thought we’d try to predict the BOOM! and growth coming out of this region. future. That’s why, since 2017, we’ve That’s why I’ve focused my entire released our predictions for where the journey as an entrepreneur out of here. SEA tech landscape would go. Would you have guessed that a local Earlier this year, we announced 8 startup would acquire its competitor, predictions which we felt would reshape the largest provider and pioneer of e- the market till 2020. And today, just in Patrick Grove hailing services? time for Wild Digital Indonesia 2018 (our Co-Founder & Group CEO rockin’ premier tech conference), Catcha Group Or that SEA would have more Internet here’s a midway checkpoint of those users than the US? predictions. Bonus: we’ve added 3 If you have any questions on the report, please reach out via [email protected]. Opinions expressed are solely perspective of Catcha Group. Neither Catcha Group or any of its respective affiliates or employees makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained in this document. All figures as in USD. www.catchagroup.com © 2018 Catcha Group. All Rights Reserved. About ABOUT CATCHA GROUP Our portfolio of companies – past and present Catcha Group is Southeast Asia’s leading internet group. The Group was established in 2004 and is headquartered in Kuala Lumpur, Malaysia.We build and invest in disruptive internet companies across emerging markets Video on Demand service for emerging markets, currently globally. Today, we are also looking at solutions to grow the tech and start-up present in 24 countries with 5m+ monthly users, raised $303m in funding since inception in 2015 ecosystem via co-working spaces, building Malaysia’s first KL Internet City, applying blockchain to equitize content creation, and delivering impact. Malaysia’s largest coworking space with over 100,000 sqft in total to date 18+ 60+ Purpose-built digital hub for the SEA regional tech ecosystem Years of enabling disruptive Investments globally held businesses directly or indirectly SEA’s leading digital media group. Acquired by Media Prima 3,000+ #1 for $24m in May 2017 Employees globally across Market leadership across portfolio of companies multiple categories SEA’s No. 1 network of online automotive portals with 7 brands 5 $550m+ across Malaysia, Thailand and Indonesia IPOs in the last 10 years Combined value of 2 strategic (4 on ASX, 1 on Bursa Malaysia) exits over the last 3 years Leading operator of online classifieds businesses in emerging markets. Its 17 portfolio companies are present in 19 markets 30+ 10x Countries which our portfolio Average return on investment SEA’s leading internet and digital conference, held across 5 companies are present in across major portfolio assets cities with 1000+ attendees Operator of Asia’s no. 1 network of property websites. Acquired $2bn+ by Rupert Murdoch’s REA Group for $534m in Nov 2015 Value creation since inception across portfolio REVIEW 8 predictions for the SEA tech scene over the next 24 months, as made in February 2018 6 REVIEW 8 Predictions for the SEA tech scene over the next 24 months, as made in February 2018 By the end of 2019, SEA will have 460m • Internet penetration is on track, with 350m internet users internet users and $10b raised in private tech Tech funding in 2018 has reached $9.1b, 50% more compared 1 funding to 2017. First Decacorn ($10b+ valuation) will emerge • Yes, Grab is now SEA’s first decacorn. 2 from SEA • No sign of this yet but startups valued from $10mil to A new Unicorn will be built in less than 3 $100mil are raising funds at record volumes in 2018, years from launch 3 compared to the last 3 years. Chinese companies remain the largest source • Yes, China is emerging to be the largest source of funding in 4 of tech funding SEA. www.catchagroup.com © 2018 Catcha Group. All Rights Reserved. 7 REVIEW (CONT.) 8 Predictions for the SEA tech scene over the next 24 months, as made in February 2018 5 At least 2 more IPOs in excess of $500m • There have been no new IPOs in SEA in 2018. Consolidation of the SEA tech landscape – • In March 2018, Grab acquired Uber’s operations in SEA, with there will be 2 acquisitions in excess of Uber taking a 27.5% stake in Grab. 6 $500m • Yes. Corporates such as Toyota, Hyundai and Microsoft have Corporates and governments in SEA will invested in SEA startups. Government participation has also invest at least $1bn in the startup ecosystem 7 been increasing. • Virtual currencies are only legal to trade. However, At least one SEA country will accept/issue a Philippines, Indonesia and Singapore have regulatory 8 virtual currency as a legal tender frameworks in place. Thailand is also mapping out its own central bank digital currency. www.catchagroup.com © 2018 Catcha Group. All Rights Reserved. 8 PREDICTION #1 ✓ On By the end of 2019, SEA will have 460m internet users and $10bn raised in private track tech funding SEA Private Tech Funding, # Internet Users, Fixed Broadband Speed (2007-2019E) 460m ▪ SEA currently has 350m internet SEA private tech funding users. Indonesia, Malaysia, 23 Mbps 22.8 Mbps 22 Mbps 350m Philippines, Thailand among the 21 Mbps Internet users 20 Mbps Top 10 most engaged countries on 19 Mbps Fixed broadband speed 18 Mbps mobile internet globally 17 Mbps 16 Mbps ▪ Fundraising in SEA in 2018 has 15 Mbps 246m 16.0 Mbps 14 Mbps 219m increased by more than 50% 13 Mbps 11.2 Mbps $10.0b 12 Mbps 186m compared to 2017 11 Mbps $9.1b 10 Mbps 166m 9 Mbps 148m 7.8 Mbps 8 Mbps 127m 7 Mbps 111m 5.5 Mbps 6 Mbps $6.0b 80m 3.9 Mbps 5 Mbps 68m 75m 2.9 Mbps 4 Mbps 1.9 Mbps2.3 Mbps 3 Mbps 1.1 Mbps1.2 Mbps1.5 Mbps1.6 Mbps 2 Mbps 1 Mbps $2.3b 0 Mbps -1 Mbps $1.3b -2 Mbps $0.8b $0.1b $0.2b $0.1b $0.5b 2007$0.0b 2008$0.0b $0.0b2009 2010 2011 2012 2013 2014 2015 2016 2017 2018E 2019E 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019e Source: World Bank, Google-Temasek Report, Internet Live Stats, Akamai, Crunchbase, Pitchbook; Figures are as at 30 Nov 2018. Only disclosed deals from startups that are backed by angels, accelerator/incubator, seed funds, and VC/PE funds are included. www.catchagroup.com © 2018 Catcha Group. All Rights Reserved. 9 PREDICTION #2 ✓ On First Decacorn ($10bn+ valuation) will emerge from SEA track China in 2010 SEA in 2019E Internet Population Average SEA unicorn 459m 460m valuation could reach up to $12.4bn Combined Market Capitalisation of Market Leaders $94.5b $86.5b* Tencent: $13bn Tencent: $13bn Baidu: $6.6bn Baidu: $6.6bn Source:, Crunchbase, Company Annual Report, Press Releases. *Estimation is based on extrapolation from SEA market capitalisation in 2017, assuming SEA between 2017 and 2019 achieve the same growth rate of market capitalisation per internet user as China between 2008 and 2010 www.catchagroup.com © 2018 Catcha Group. All Rights Reserved. 10 PREDICTION #2 ✓ On First Decacorn ($10b+ valuation) will emerge from SEA track Funds raised by SEA unicorns $7.1b $6.5b $2.8b 2016 2017 1H 2018 Funds raised ▪ SEA recorded 524 deals by venture capitalists, 4 times more compared to 2012. ▪ Most funding in 2018 went to SEA’s unicorns, with Grab emerging as the region’s 1st decacorn, after landing investments from Toyota, SoftBank, and a number of financial firms including including OppenheimerFunds, Ping An Capital, Vulcan Capital, Macquarie Capital and Lightspeed Venture Partners. Source: Google-Temasek Report, Crunchbase, Pitchbook, press release, company website; Figures are as at 30 Nov 2018. www.catchagroup.com © 2018 Catcha Group. All Rights Reserved. 11 PREDICTION #3 ⌽ Not A new Unicorn will be built in less than 3 years from launch known Companies Year founded Year achieved Years taken Unicorn status * It is becoming faster than ever 1995 2014 19 to become a Unicorn – it took * 4.7 years on average for the 2007 2015 8 Unicorns above to attain $1b+ valuation 2009 2015 6 2009 2014 5 2010 2016 6 2011 2014 3 2012 2017 5 2012 2015 3 Company X 2018/2019 2021 < 3 years Source: Crunchbase, press release, company website. www.catchagroup.com © 2018 Catcha Group. All Rights Reserved. 12 PREDICTION #3 ⌽ Not A new Unicorn will be built in less than 3 years from launch known Funds raised by SEA non-unicorns $1.4b $1.0b $1.0b $0.9b $0.8b $0.7b $0.4b $0.4b $0.3b SEA’s internet economy is currently 2016 2017 1H 2018 experiencing a funding surge as the ecosystem Startups valued <$10 mil matures – startups valued from $10mil to Startups valued $10mil - $100mil $100mil are raising funds at record volumes Startup valued $100mil - $1b compared to the last 3 years.
Load more

Recommended publications
  • Joint Bid Relief
    13 August 2021 Carsome and Catcha obtain ASIC joint bid relief iCar Asia Limited (“iCar” or the “Company”) refers to its announcements dated 13, 20 and 29 July 2021 (the “Prior Announcements”) regarding the conditional, non-binding indicative proposal from Carsome Group Pte. Ltd (“Carsome”) to acquire all of the ordinary shares of iCar that Carsome and its associates do not already own for A$0.55 cash per share by way of a scheme of arrangement (the “Proposal”). iCar advises that Carsome and Catcha have now obtained joint bid relief from ASIC in respect of: the Sale Agreement, under which Carsome will acquire 89,456,448 shares (representing no more than 19.9% of iCar’s shares on issue as at the time of completion of the Sale Agreement) from Catcha in exchange for the issue of Carsome shares; and the Joint Bid Agreement under which Carsome and Catcha will co-operate with respect to the potential transaction including in respect of Carsome acquiring Catcha’s remaining shareholding in iCar. Under the terms of the joint bid relief instrument, Carsome and Catcha have agreed to customary ‘match or accept’ provisions. A copy of the instrument is attached. The acquisition of the iCar shares under the Sale Agreement and the Joint Bid Agreement were conditional on Carsome and Catcha obtaining joint bid relief. The acquisition of the remaining iCar shares under the Joint Bid Agreement is also conditional on the scheme of arrangement becoming effective. iCar understand that Carsome has not yet completed any acquisition of iCar shares from Catcha under the Sale Agreement.
    [Show full text]
  • Common Ground Enters Co-Working Game, and Why
    64 THEEDGE MMALAYSIAALAYSIA | MARCH 13, 2017 MALAYSIA venture MOHD IZWAN MOHD NAZAM/THE EDGE caption: xxx Common Ground co-founders Teo Common Ground enters (left) and Erman Akinci plan to expand in Malaysia co-working game, and and Southeast Asia why developers are very quickly watching this closely BY CHUA SUE-ANN do work and make money. and networking while they carry on “I think that is the secret sauce their day-to-day business. o-working spaces are that people have to find in co-work- “If you are not building that com- nothing new but Com- ing. You need both elements: com- munity, then what are you? You are mon Ground, Malaysia’s munity and privacy.” a commodity. You are just a desk and newest entrant to this The key thing that sets Common internet connection, which can be C business, is shaping up Ground apart from other players found at cafés, at home or renting to be a game changer for — like The Co, Worq and the many out a shop lot somewhere.” KEY FACTS tenants and landlords alike. other operators in town — is its size In its first week, Common Ground • Common Ground’s co-founders Fitness First gym memberships and Common Ground launched its and ambition. has already secured leases for 35% of include Juhn Teo, who was formerly tax advice and financial health checks first location on March 1, occupying At 17,000 sq ft, Common Ground its space, beating its own internal CEO of Tower Real Estate Investment by Baker Tilly the prized double-storey penthouse is likely the largest co-working projections, he adds.
    [Show full text]
  • Asian Technology Newsletter
    Issue 90, March 2017 Asian Technology Newsletter A S I A N TECHNOLOGY NEWSLETTER MARCH 2017 , I S S U E 90 We hope that you find the Asian Technology Newsletter informative. BDA Partners is an investment banking firm specializing in executing cross-border transactions involving Asia, including acquisitions, divestments, JVs, capital raising and restructuring. We have offices and professional staff throughout Asia, the Middle East, Europe, and the US. If you would like to learn more about how BDA is positioned to help your business grow through acquisitions, or to achieve maximum value in a divestment or fund raising exercise, please contact us at any one of our offices. Jeff Acton Matthew Doull Managing Director, Managing Director, Head of Technology Head of Internet and Digital Media [email protected] [email protected] CONTENTS Market Update 2 Deal Digest – Recent Tech Deals Across Asia China 4 Hong Kong 5 India 5 Japan 6 Singapore 7 Vietnam 7 1 | P a g e A S I A N TECHNOLOGY NEWSLETTER MARCH 2017 , I S S U E 90 50 40 30 20 10 0 -10 -20 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 India Europe China US Japan Korea Global technology indicies have traded 12% higher, on average, in the first quarter of 2017. Growth has primarily come from a global post-US election rally, favorable opening week for Snap, Inc., and a cheap money environment. Over the past twelve months, technology- focused stocks have all traded positively with the Chinese technology companies leading the way.
    [Show full text]
  • Iproperty Group Limited ABN 99 126 188 538 Appendix 4E Preliminary Financial Report
    iProperty Group Limited ABN 99 126 188 538 Appendix 4E Preliminary Financial Report “Results for announcement to the Market.” Information for the year ended 31 December 2014 given to ASX under listing rule 4.3A Key iProperty Group information 2014 2013 Year ended 31 December $000 $000 Change Revenues from ordinary operations 21,836 19,046 15% Profit/(Loss) from ordinary activities after tax attributable to members (10,731) 1,706 (729%) Profit/(Loss) after tax attributable to members (10,731) 1,706 (729%) Cents Cents Profit/(Loss) per Share (basic) (5.91) 0.94 (729%) Profit/(Loss) per Share (diluted) (5.90) 0.94 (728%) NTA per Share 4.58 5.52 (19%) Dividends iProperty Group Limited does not propose to pay a dividend for this reporting period (2013: nil). Basis of this report This report includes the attached audited financial statements of iProperty Group Limited and controlled entities (iProperty) for the year ended 31 December 2014. Together these documents contain all information required by Appendix 4E of the Australian Securities Exchange Listing Rules. It should be read in conjunction with iProperty’s Annual Report when released, and is lodged with the Australian Securities Exchange under listing rule 4.3A. For and on behalf of the Board Patrick Grove Chairman 19 February 2015 iProperty Group Limited And Controlled Entities iProperty Group Limited ABN 99 126 188 538 Audited Financial Statements for the financial year ended 31 December 2014 iProperty Group Limited And Controlled Entities Index Contents Page Directors’ Report 2 Auditor’s
    [Show full text]
  • ASX ANNOUNCEMENT ASX CODE: ICQ 15 November 2017
    ASX ANNOUNCEMENT ASX CODE: ICQ 15 November 2017 $10.0 Million Underwritten Non-Renounceable Rights Issue and $5.0 Million Loan Facility Overview 1 for 5.8 non-renounceable Rights Issue to raise approximately $10.0 million at an issue price of $0.18 per share Eligible shareholders to receive 1 attaching unlisted option for each new share subscribed under the Rights Issue, exercisable at $0.20 until an expiry date of 18 months from the date of issue Right Issue fully underwritten by Bell Potter Securities Limited Funds from the Rights Issue to be used to accelerate the growth of the Company by investing in marketing, business development and technology $5.0 million secured loan facility provided by Catcha Group Pte Ltd to be used for working capital purposes if and when required and which may be drawn down subject to a related issue of options to Catcha Group Pte Ltd which is subject to shareholder approval iCar Asia Limited (‘iCar Asia’ or the ‘Company’) is pleased to announce a 1 for 5.8 non-renounceable rights issue of fully paid ordinary shares (New Shares) in the Company to Eligible Shareholders (Offer) at $0.18 per New Share (Offer Price) to raise approximately $10.0 million before transaction costs. Eligible Shareholders who subscribe to the Offer will also receive 1 attaching unlisted option for every New Share subscribed for, exercisable at $0.20 until an expiry date of 18 months from the date of issue. The Offer is to be fully underwritten by Bell Potter Securities Limited who is acting as Lead Manager and Underwriter to the Offer.
    [Show full text]
  • Icar Asia Limited and Controlled Entities ACN 157 710 846
    iCarAsiaLimited ACN157710846 Appendix4E RESULTSFORANNOUNCEMENTTOTHEMARKET Fortheyearended31December2014 Dec14 Dec13 12monthsended $000 $000 Change Revenuesfromordinaryoperations 2,814 1,446 95% Lossfromordinaryactivitiesaftertaxattributabletomembers (16,700) (6,902) (142%) Lossaftertaxattributabletomembers (16,700) (6,902) (142%) Cents Cents LossperShare(basic&diluted) (8.64) (4.10) (111%) NTAperShare 5.34 5.94 (10%) Dividends Nodividendshavebeenpaidordeclaredin2014(2013:nil).Thereisnodividendreinvestmentplanin operation. Basisofthisreport ThisreportincludestheattachedauditedfinancialstatementsofiCarAsiaLimitedanditscontrolledentities fortheperiodended31December2014.Togetherthesedocumentscontainalltheinformationrequiredby Appendix4EoftheAustralianSecuritiesExchangeListingRules.ItshouldbereadinconjunctionwithiCarAsia Limited’sAnnualReportwhenreleasedandislodgedwiththeAustralianSecuritiesExchangeunderlistingrule 4.3A. ForandonbehalfoftheBoard For personal use only PatrickGrove Chairman 25thFebruary2015 iiCar Asia Limited and Controlled Entities ACN 157 710 846 Annual Report for the financial year ending 31 December 2014 For personal use only Annual Report Year Ending 31 December 2014 ICAR ASIA LIMITED (ICQ) / ACN 157 710 846 Directors’ Report 1 Auditor’s Independence Declaration 19 Statement of Comprehensive Income 20 Statement of Financial Position 21 Statement of Changes in Equity 22 Statement of Cash Flows 23 Notes to Financial Statements 24 Directors’ Declaration 60 InDependent AuDit Report 61 Corporate Governance 63
    [Show full text]
  • Northern New South Wales Gas Company to List On
    ACN 165 522 887 ASX CODE: IBY ASX ANNOUNCEMENT 13 August 2014 IBUY GROUP COO, KRIS MARSZALEK PROMOTED TO CEO August 13, 2014 – Leading Asian e-Commerce company, iBuy Group Ltd (ASX: IBY), today announced that Krzysztof Marszalek (“Kris”), has been promoted from the Company’s Chief Operating Officer to Chief Executive Officer. Kris will replace outgoing CEO, Patrick Linden, who will leave the company to pursue new opportunities. “As the business expands in complexity and enters a new phase of growth, Kris’s tremendous experience, entrepreneurial energy, passion and drive, make him the perfect candidate to lead iBuy through a period of transformation and consolidation. His contribution whilst COO of the Company made it abundantly clear to the Board that he is the best person to head up the business. We thank Patrick Linden for his excellent service and work in bringing the companies together. We look forward to the next phase of the business under Kris’s guidance and are excited he has chosen to take leadership of the company as it moves to the next level,” said Patrick Grove, Chairman of iBuy Group. Kris said, “The iBuy businesses have extraordinary potential and I am more than excited to be charged with driving the business now and in the future. Our markets offer a once in a lifetime possibility to create an incredible e-Commerce business and I am ready to lead this team to execute on all the opportunities ahead of us. " Prior to co-founding iBuy Group in 2013, Kris has had an outstanding record of achievement as an entrepreneur.
    [Show full text]
  • ANNUAL REPORT Annual Report for the Financial Year Ended 31 December 2014
    2014 ANNUAL REPORT Annual Report for the financial year ended 31 December 2014 iProperty Group Limited ABN 99 126 188 538 0 iProperty Group Limited And Controlled Entities Table of Contents Table of Contents Highlights 2 Message from the Chairman 3 CEO’s Review of Operations 4 Financial Report Directors’ Report 6 Corporate Governance Statement 18 Auditor’s Independence Declaration 27 Financial Statement: . Directors’ Declaration 28 . Consolidated Statement of Comprehensive Income 30 . Consolidated Statement of Financial Position 31 . Consolidated Statement of Cash Flows 32 . Consolidated Statement of Changes in Equity 33 . Notes to the Financial Statements 34 Independent Auditor’s Report 59 Additional Investor Information 61 Corporate Directory 62 2014 Financial Report This 2014 Financial Report is a summary of our activities and financial position. Reference in this Report to a “year” is to the financial period ended 31 December 2014 unless otherwise stated. All figures are expressed in Australian current unless otherwise stated. Revenues and expenses are recognised net of the amount of Goods and Services Tax. 1 iProperty Group Limited And Controlled Entities Key Highlights Key Highlights Key highlights for the iProperty Group Limited for 2014 include: Growth of 15% in total income to $21.8m Operating expenditure growing only at 1% EBITDA improved from a loss of $2.9m (2013) to a loss of $0.4m (2014) due to start up losses in the transaction business Record 4Q14 billings of $7.9m provides strong platform for 2015 Entry into
    [Show full text]
  • Programs for Event "2020 WD SEA Highlights" Main Stage Venue
    Programs for Event "2020 WD SEA Highlights" Main Stage Venue: Online Tuesday, 3rd November 2020 09:15 - 09:55 10 YEARS LATER: SERIAL FOUNDER VS SERIAL INVESTOR Patrick Grove Co-Founder & Group CEO, Catcha Group Khailee Ng Managing Partner, 500 Startups 09:55 - 10:10 THE NEXT SUPER APP IN SOUTHEAST ASIA Karen Chan CEO, airasia.com 10:10 - 10:35 WOMEN LEADING CHANGE: IMPACT & EMPOWERMENT Beverly Chen Marketing Director, APAC, AppsFlyer Karen Chan CEO, airasia.com Surina Shukri CEO, MDEC Ee Ling Lim (Moderator) Head of Innovation & Partnerships, SEA, 500 Startups 10:40 - 10:55 FOUNDER'S PLAYGROUND: AI, A VOICE BEYOND MACHINES Vu Van Founder & CEO, ELSA 10:55 - 11:10 AUTOMATION, AI BEYOND HUMAN SCALE Main Stage Venue: Online Tuesday, 3rd November 2020 Malina Platon Managing Director, Strategic Accounts, APAC, UiPath FROM THE PHILIPPINES TO THE WORLD: STARTUPS & INVESTORS' GROWTH 11:10 - 11:30 PERSPECTIVES Minette B. Navarrete Co-Founder & President, Kickstart Ventures J.P. Ellis Co-Founder & Chief Executive, C88 Financial Technologies Rexy Dorado (Moderator) Co-Founder & President, Kumu TOP FUNDRAISING TECHNIQUES - HOW TO WIN THE HEARTS & MINDS OF 11:30 - 11:45 INVESTORS Bill Reichert Partner, Pegasus Tech Ventures 11:45 - 12:00 SOUTHEAST ASIA – WHAT IS BEYOND 2020? Dave Ng General Partner, Altara Ventures 12:05 - 12:30 ECOMMERCE IN SEA RIDES HIGH ON PANDEMIC BOOM Giulio Xiloyannis Chief Commercial Officer, ZALORA Casey Liang Co-Founder, Pomelo Fashion Main Stage Venue: Online Tuesday, 3rd November 2020 Joel Leong Co-Founder, ShopBack Ganesh
    [Show full text]
  • Press Release
    PRESS RELEASE 18/03/2013 Opt Inc Catcha Digital Asia PTE Opt acquires Catcha Digital Asia Former Apple APAC Head of Online Marketing, Mitsuru Kikunaga to take on CEO role Opt Inc. (“Opt”), Japan’s leading e-marketing company and one of the largest in Asia, today announced that it has acquired Catcha Digital Asia Pte Ltd (CDA), one of Southeast Asia’s leading digital media networks, from Catcha Group Pte Ltd (“Catcha Group”). Former Apple Asia-Pacific Head of Online Marketing, Mitsuru Kikunaga, currently Opt’s Asia-Pacific Business General Manager, will step into the role of CDA CEO. Opt, which has operations in Japan, Korea and China and a head count of 1261 employees, is listed on the Japan Securities Exchange (JASDAQ) and generates revenue of ¥78.9 billion (US$825 million) annually. Its decision to acquire 90 percent of CDA is designed to strengthen its position across Asia and enable CDA to become the one-stop digital solution to meet the requirements of its clients in the ASEAN region, including those of Japanese companies that want to advance into ASEAN’s rapid growth markets. Appointed as CDA’s incoming CEO, Mitsuru Kikunaga, has extensive business experience in the APAC region and is well placed to take advantage of the business opportunities available in this emerging market. Commenting on the move, Kikunaga said, “Opt has determined ASEAN as an important market for Opt’s overseas expansion and will aggressively invest the resources of the company in the region. We are targeting to generate ¥10 billion (US$105 million) in revenue through our overseas businesses by 2020.” As part of this strategy, Opt will be dispatching specialists in performance-based advertising such as Search Engine Marketing (“SEM”) and Display Advertising to South-East Asia; both are fields in which Opt is a Japan market-leader.
    [Show full text]
  • Annual Report & Appendix 4E
    iCar Asia Limited ACN 157 710 846 Appendix 4E RESULTS FOR ANNOUNCEMENT TO THE MARKET For the year ended 31 December 2015 Dec-15 Dec-14 12 months ended $000 $000 Change Revenues from ordinary operations 6,278 2,814 123% Loss from ordinary activities after tax attributable to members (12,537) (16,700) 25% Loss after tax attributable to members (12,537) (16,700) 25% Cents Cents Loss per Share (basic & diluted) (5.43) (8.64) 37% NTA per Share 7.09 5.34 33% Dividends No dividends have been paid or declared in 2015 (2014: nil). There is no dividend reinvestment plan in operation. Basis of this report This report includes the attached audited financial statements of iCar Asia Limited and its controlled entities for the period ended 31 December 2015. Together these documents contain all the information required by Appendix 4E of the Australian Securities Exchange Listing Rules. It should be read in conjunction with iCar Asia Limited’s Annual Report when released and is lodged with the Australian Securities Exchange under listing rule 4.3A. For and on behalf of the Board Patrick Grove Chairman 24th February 2016 iiCar Asia Limited and Controlled Entities ACN 157 710 846 Annual Report for the financial year ended 31 December 2015 Annual Report Year Ended 31 December 2015 ICAR ASIA LIMITED (ICQ) / ACN 157 710 846 Directors’ Report 1 Auditor’s Independence Declaration 21 Statement of Comprehensive Income 22 Statement of Financial Position 23 Statement of Changes in Equity 24 Statement of Cash Flows 25 Notes to the Financial Statements 26 Directors’ Declaration 67 Independent Audit Report 68 Shareholder Information 70 Corporate Directory 72 iCar Asia Limited and Controlled Entities Directors’ report 31 December 2015 The directors present their report, together with the consolidated financial statements, of iCar Asia Limited and Controlled Entities (referred to hereafter as the 'Group') for the year ended 31 December 2015.
    [Show full text]
  • A Branding Revolutionist
    1I SUCCESSFUL BRANDING LESSONS: Jack Ma, Richard Branson & Usain Bolt YUSUF TAIYOOB : The King Of Dates MYDIN : Heartland Retail Empire SAY YES2BRAND : Aspiring for a Better Tomorrow, Today TAN SRI DATO’ SRI LEONG HOY KUM RM15 WM RM18 EM A BRANDING REVOLUTIONIST DECEMBERMAY-JANUARY’ - JUNE’ 1714 #ISSUE4119 II 1 All information herein is correct at time of publication. THE TEAM | The views and opinions expressed or implied in The BrandLaureate Business World Review ADVISOR are those of the authors and contributors and do not necessarily Dr KKJohan reflect those of The BrandLaureate, its editorial & staff. All editorial content and materials are copyright of PUBLISHER/EDITOR-IN-CHIEF THE BRANDLAUREATE BUSINESS WORLD REVIEW Chew Bee Peng No Permit KDN PQ/PP16972/08/2011)(028331) MANAGING EDITOR The BrandLaureate Business World Review is published by Ida Ibrahim THE BRANDLAUREATE SDN BHD (690453K), 39B & 41B, SS21/60, Damansara Utama, 47400 Petaling Jaya. Tel: (603) 7710 0348 Fax: (603) 7710 0350 SENIOR WRITER Ian Gregory Edward Masselamani Printed in Malaysia by PERCETAKAN SKYLINE SDN BHD (PQ 1780/2317) WRITERS 35 & 37, Jalan 12/32B, TSI Business Industrial Park, Batu 6 1/2, Nurilya Anis Rahim Off Jalan Kepong, 52000 Kuala Lumpur, Malaysia. Ain M.C. Gerald Chuah CONTRIBUTORS Anu Venugopal, Tony Thompson, Justin Chew, Sean Tan CREATIVE MANAGER Ibtisam Basri ASSISTANT CREATIVE MANAGER Mohd Shahril Hassan SENIOR GRAPHIC DESIGNER Mohd Zaidi Yusof MULTIMEDIA DESIGNER Zulhelmi Yarabi EDITORIAL ASSISTANTS Kalwant Kaur Lau Swee Ching For suggestions and comments or further enquiries on THE BRANDLAUREATE BUSINESS WORLD REVIEW, please contact [email protected]. “Position Your Brand on a World Class Platform” THE BRANDLAUREATE • BUSINESS WORLD REVIEW MAY - JUNE’ 17 #ISSUE41 2 3 PUBLISHER NOTE | What’s in a name, you may ask? Minister of Canada show that age does not really W Everything if I may say! matter.
    [Show full text]