AirAsia

AirAsia's move to partner with more airlines and sell more flights on its super app comes as Malaysia and other countries in Southeast Asia are beginning to reopen their economies and tourism sector to welcome back tourists.

AirAsia Digital is valued at around $1 billion based on all-share transaction in July 2021, as reported by the company, Credit Suisse said in the report dated Oct 5.

Rodeo’s ability to successfully marry data analytics with production house capabilities has drawn customers such as Alibaba and AirAsia Ride, and saw Rodeo raise 1.13 million MYR from 85 investors in an equity crowdfunding campaign.

Malaysia’s tech ecosystem is finally coming of age, and this is the moment to unlock Malaysia’s Underrated, Untapped and Unknown Unicorns-in-making. 

AirAsia's e-hailing venture came as the aviation group is in the midst of building its digital businesses and its ASEAN Super App when most of its planes were grounded due to the ongoing COVID-19 pandemic.

The deal values Teleport at $300 million and welcomes investors, including Kuala Lumpur and Shanghai-based venture capital firm Gobi Partners onboard.

The digital car insurance service includes insurance and road tax renewal and allows car owners to make price comparisons of various insurance providers.

In the interview, Dhanani also shared BigPay’s plans and strategy on how to serve the “underserved and unserved” segment in Malaysia.

CEO Tony Fernandes said a few technology-focused SPACs have approached the airline group, and AirAsia has engaged auditors for a deal to list the unit.

The purchase considerations for the proposed acquisitions will be wholly satisfied by the issue of new shares in the AirAsia SuperApp. Gojek will own 4.76 percent in AirAsia SuperApp after the proposed acquisition.