Juni Yan appointed as BT’s Vice President for Security in AMEA
BT has announced the appointment of Juni Yan as its new Vice President for Security in Asia, the Middle East and Africa (AMEA). Cybersecurity in the AMEA region will now be overseen by Yan who is based in Hong Kong.
Yan previously worked for web app and security specialist, F5 Networks, working as the Managing Director for Hong Kong and Taiwan.
With Yan’s 20 years of experience in the industry and a proven track record of success, BT’s AMEA President Kevin Taylor expressed his satisfaction at the appointment.
“Juni’s outstanding credentials in building high-performing sales organisations will help us realise our growth ambitions in AMEA,” he said.
“The breadth and depth of her experience in the IT and telecoms industry will be an indispensable asset to our multifaceted regional operations.”
Yan also revealed her own excitement, saying: “I am delighted to join BT to lead the AMEA security team.
“Security is a very fast moving market and companies have to remain alert to stay ahead of the game.
“I look forward to working with BT’s talented, dynamic team that works around the clock to keep our assets, our business and our customers safe.”
The announcement comes at a time of growing concern about cyberattacks, something that BT works to ensure against not just in AMEA but on a global scale.
Bukalapak raises $1.5bn in record Singapore IPO, say sources
Bukalapak, currently the fourth largest Indonesian ecommerce company, is said to have raised $1.5 billion in the first IPO by an Indonesian tech unicorn.
Three unidentified, but likely reliable, sources told Reuters the order books for Bukalapak’s IPO were covered by multiples, with one source claiming the issue attracted more than $6 billion in demand despite being listed at the top of its indicated price range.
Bukalapak's 50x growth
Bukalapak was looking to raise just $300 million just a few months ago. The figure grew to $800 million before rising to $1.5 billion as investors jockeyed for a piece of the company.
Covid-19 has had a positive impact on many ecommerce operators, and Bukalapak also has strong investment lines via Singapore sovereign investor GIC and Microsoft, among others. The company focuses on micro, small and medium-sized enterprises.
Indonesia is Southeast Asia’s biggest economy.
Indonesia’s four biggest ecommerce companies
Tokopedia is an Indonesian technology company specializing in e-commerce. It was founded in 2009 by William Tanuwijaya and Leontinus Alpha Edison.
Shopee was first launched in Singapore in 2015, and later expanded its reach to Malaysia, Thailand, Taiwan, Indonesia, Vietnam, the Philippines, Brazil, Mexico, Chile, and Colombia.
Lazada is a Singaporean multinational technology company which focuses mainly on e-commerce. Founded by Maximilian Bittner with the backing of Rocket Internet in 2012, it is currently owned by the Alibaba Group after its acquisition in 2016.
Bukalapak is an Indonesian e-commerce company. It was founded in 2010 as an online marketplace to enable small and medium enterprises go online and has expanded to support smaller traditional family owned businesses.