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Christopher Quek

👤 Person
638 total appearances

Appearances Over Time

Podcast Appearances

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

We want to get very deeply involved. I have been really fortunate to have this opportunity to invest in this company called TADA, which is the third largest ride hailing in Southeast Asia. Think of your Uber, think of your Grab. TADA is number three across Southeast Asia and it's highly profitable. But the reason why we went in wasn't because it was just profitable.

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

We want to get very deeply involved. I have been really fortunate to have this opportunity to invest in this company called TADA, which is the third largest ride hailing in Southeast Asia. Think of your Uber, think of your Grab. TADA is number three across Southeast Asia and it's highly profitable. But the reason why we went in wasn't because it was just profitable.

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

We went in because we wanted a positive impact to humans. And we found that also resonated with a lot of next-gen business owners who were educated in the Western world. And they wanted to make sure that there's a little bit more heart in their businesses. And we had a number of investors that came in to support this particular investment healing.

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

We went in because we wanted a positive impact to humans. And we found that also resonated with a lot of next-gen business owners who were educated in the Western world. And they wanted to make sure that there's a little bit more heart in their businesses. And we had a number of investors that came in to support this particular investment healing.

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

And the reason why we love this one was that a partner driver that is part of TADA earns 1.4 times more than its competitors when they use the TADA platform. And that's because TADA platform does not charge any commissions to the drivers. I guess this is just something that we felt really good that we're making a difference to humans.

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

And the reason why we love this one was that a partner driver that is part of TADA earns 1.4 times more than its competitors when they use the TADA platform. And that's because TADA platform does not charge any commissions to the drivers. I guess this is just something that we felt really good that we're making a difference to humans.

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

The average person in Southeast Asia who is driving, their main occupation is about private ride hailing. And knowing that they are taking back 1.4 times more back home by supporting their families was something that I felt was really important. It found actually extra meaning to me. Not to say that our current main agenda is not delivering also the outcomes that we're expecting.

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

The average person in Southeast Asia who is driving, their main occupation is about private ride hailing. And knowing that they are taking back 1.4 times more back home by supporting their families was something that I felt was really important. It found actually extra meaning to me. Not to say that our current main agenda is not delivering also the outcomes that we're expecting.

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

But this is just a really interesting story that I wanted to share that I feel very happy to note that despite earning less revenue, we're still so highly profitable. And it just speaks a little bit about the nimbleness of some of the startups that we invested in. We also have another example where we integrated a technology into one of our startup technologies into a family business.

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

But this is just a really interesting story that I wanted to share that I feel very happy to note that despite earning less revenue, we're still so highly profitable. And it just speaks a little bit about the nimbleness of some of the startups that we invested in. We also have another example where we integrated a technology into one of our startup technologies into a family business.

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

So basically we have another company called Agrimax. It helps to increase crop yields by 20 to 60%. And that means that if you are a farmer with the same amount of time and effort, you get 20 to 60% more food supply. Of course, the story of food security, fantastic. Check off that list. That's great.

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

So basically we have another company called Agrimax. It helps to increase crop yields by 20 to 60%. And that means that if you are a farmer with the same amount of time and effort, you get 20 to 60% more food supply. Of course, the story of food security, fantastic. Check off that list. That's great.

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

But I think the other great thing was that there was this particular family business that took on AgriMax technology as a client, and they started seeing more and more produce. And because of the produce that they have, they decided that they don't need to charge too high a fee to the next stage of consumers or to your wholesale distributors.

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

But I think the other great thing was that there was this particular family business that took on AgriMax technology as a client, and they started seeing more and more produce. And because of the produce that they have, they decided that they don't need to charge too high a fee to the next stage of consumers or to your wholesale distributors.

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

And that kind of pricing, lowered pricing, helped to really make things a little bit more affordable. Especially for this family business, they operate in a very large nation in Southeast Asia. And they decided that they will sell at a lower price of all their food produced to a certain much poorer province, if I would say.

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

And that kind of pricing, lowered pricing, helped to really make things a little bit more affordable. Especially for this family business, they operate in a very large nation in Southeast Asia. And they decided that they will sell at a lower price of all their food produced to a certain much poorer province, if I would say.

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

And because of the technology that Agrimax gave it to them, by helping them to increase those crop yields, it's totally helped people in that society that they could actually put more food on the table because their produce has decided to become slightly cheaper. I'm just giving a little bit of some of the very interesting things that we did not expect.

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

And because of the technology that Agrimax gave it to them, by helping them to increase those crop yields, it's totally helped people in that society that they could actually put more food on the table because their produce has decided to become slightly cheaper. I'm just giving a little bit of some of the very interesting things that we did not expect.

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

We more or less knew that, okay, AgriMax we invest is because you're going to see more increase in crop yields, better food supplies. Everyone gets to have food on the table. That's great. But what we didn't realize that what this family business did was that it took that technology

Chief Change Officer
#299 Chris Quek: Building the Next Gen, Starting With His Own

We more or less knew that, okay, AgriMax we invest is because you're going to see more increase in crop yields, better food supplies. Everyone gets to have food on the table. That's great. But what we didn't realize that what this family business did was that it took that technology