NewsASEAN tech stars Grab, GoTo, and Sea fight to retain market sparkleMeanwhile, the investors are prizing profitability over merely cutting losses. 4 mins read
The exit is the latest step in GoTo’s quest for profitability, as it narrows its focus to Indonesia and Singapore. NewsGoTo pulls out of Vietnam as it doubles down on core markets2 mins read
With an all-cash buyout, PropertyGuru exits the public markets, marking a new chapter under EQT’s ownership. NewsPropertyGuru to delist from NYSE following USD 1.1 billion acquisition by EQT3 mins read
Lazada’s first profit milestone hints at Alibaba’s USD 7.7 billion investment bearing fruit, but intense competition leaves a long road ahead. NewsAlibaba’s Lazada achieves first profit despite TikTok Shop’s 2023 market surge2 mins read
The acquisition of Chope will add to Grab’s already extensive list of services offered on its superapp. NewsGrab acquires Chope’s Southeast Asian businesses2 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Alibaba injects another USD 230 million into Lazada, Arpwood Partners acquires majority stake in Sitara, five China deals, and more3 mins read
Tied to the fortunes of SoftBank’s Vision Fund, the tech sector must now sink or swim. InsightsFrom Grab to GoTo, Southeast Asia’s startups weather funding winter12 mins read
“The Vietnamese carmaker’s factory and ride-hail plans offer an ASEAN foothold. NewsVinFast expands EVs to Indonesia with thumbs up from Jokowi3 mins read
Several contenders exist, but the verdict on the future leader of Southeast Asia’s e-commerce market remains pending. InsightsSoutheast Asian e-commerce: TikTok disrupts the market, Shopee and Lazada navigate defensive dilemmas7 mins read