Uber recently sold its Southeast Asian business to rival Grab. Uber will take a 27.5% stake in Grab and Uber CEO Dara Khosrowshahi will join Grab’s board. Many billed the retreat as another failing for Uber. But I see it as the mark of success of the Southeast Asian startup ecosystem.
It wasn’t exactly a popular program to begin with, but when Amazon announced that it was decommissioning the Vendor Express selling platform this year, it raised more questions than answers. Here's why the news is not so bad after all, and what vendors seeking alternatives should do next.