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Alfred Lee

Journalist at BEAMSTART. I write about breaking business news in the region.

About Alfred Lee

Malaysian living in Indonesia. I cover anything from tech, business, and more in the region.

Articles, Links, and Press

SpaceX's Starlink has over 1000 satellites in orbit; could disrupt telecom by providing internet to the world

Elon Musk believes Starlink could capture a piece of the $1 trillion market for internet services, potentially disrupting telecom providers.

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China's economy is recovering quickly; foreign investments rise to record levels

China's economy grew despite the global pandemic, with foreign investments peaking in the fourth quarter of 2020.

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Jack Ma reappears after vanishing for months; Alibaba shares jump 8%

In a new video recording after vanishing for months, Jack Ma is seen to be speaking to a group of rural teachers.

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Hike Messenger was popular in India; now it has shut down after raising $260m+ in funding

The company was valued at $1.4 billion after raising funding from notable investors

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DJI started with drones, now they're moving into self-driving technology

DJI is hiring engineers to build technology that could be used for various autonomous vehicle parts.

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Founder of Indonesia's GrabToko startup arrested for scamming customers

GrabToko is an e-commerce startup from Indonesia that sold brand new smartphones at steep discounts.

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Shopee's parent company, SEA Group, has bought a bank in Indonesia

SEA Group bought Bank Kesejahteraan Ekonomi Indonesia, a significant move into the digital banking space.

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Grab may remain unprofitable until 2023; raises over $300 million for financial services arm

Grab has been investing heavily on expanding the financial services business, and may remain unprofitable until 2023 according to Moody's

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