SE Asia’s Listed Tech Firms: Outlook for 2025

Recognising that profitability—or at least a clear roadmap to achieving it—is essential to withstand investor scrutiny, Southeast Asia’s listed tech companies are intensifying efforts to eliminate losses from their balance sheets. This report examines how Sea Ltd., Grab, VinFast, GoTo, Bukalapak, and Global Digital Niaga are navigating the challenge of achieving profitability.