Grab sets free cash flow target, posts first adjusted core profit
By Yuvraj Malik (Reuters) -Grab Holdings on Thursday reported its first ever adjusted core profit in the third quarter and
2023-11-17 16:48
Meituan Explores Deal for Delivery Hero’s Southeast Asia Arm
Meituan is exploring a potential acquisition of Delivery Hero SE’s business in Southeast Asia as the Chinese delivery
2023-11-17 11:25
Sea Plunges 22% After Unexpected Loss From Rising Competition
Sea Ltd. plummeted after reporting a surprise loss in the third quarter, hit by intensifying competition from Alibaba
2023-11-15 08:55
Singapore’s Grab Hits Adjusted Profit, Decade After Founding
Grab Holdings Ltd. posted its first-ever profit on adjusted basis, a milestone for the decade-old Southeast Asian ride-hailing
2023-11-09 20:29
Sea, Grab Face Slowest Southeast Asia Online Growth in Years
Southeast Asia’s internet economy will log its slowest growth on record this year, a group of researchers said,
2023-11-01 17:45
GoTo Recovers From 19% Swoon After Founder’s Surprise Sale
GoTo Group recouped most of its losses after revelations of a sale of stock by a co-founder ignited
2023-10-16 17:20
Singapore Sees $77 Billion Digital Economy as Key to More Growth
Singapore’s digital economy has expanded to about $77 billion, or 17.3% of gross domestic product, and should continue
2023-10-06 17:17
Temasek-Backed Singapore VC Snags $541 Million Despite Tech Woes
Vertex Ventures Southeast Asia and India closed its fifth and biggest fund at $541 million to back startups
2023-09-12 09:18
Grab Shares Jump as Breakeven Nears a Decade After Founding
Grab Holdings Ltd. shares jumped 11% after the company brought forward its profitability target and posted a narrower
2023-08-24 10:17
Fears of predatory land grabs mount in the ashes of Maui, opening old wounds
The threat of predatory outsiders swooping in to buy up property under the ashes of Maui is sparking outrage and opening old wounds for locals.
2023-08-17 21:45
Sea’s $10 Billion Wipeout Lays Hard Road Back From Tech Crash
Sea Ltd.’s historic 29% tumble erased close to $10 billion from its market value, wiping out a quarter
2023-08-16 12:50
Internet Firm Sea Misses Sales Estimates on Slowing E-Commerce Demand
Sea Ltd.’s revenue missed estimates after its e-commerce division posted slowest growth on record, reflecting fallout from economic
2023-08-15 19:50