Tabita
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Vietnam’s Xanh SM drives into Indonesia, but will it be able to navigate the crowded ride-hailing market?
GSM will compete against giant competitors to win customers who may or may not care about EVs.
SEA Digest: Boost Bank, ANEXT report updates; Amar Bank distances itself from Investree
Boost Bank, a digital lender owned by Axiata Group and RHB Banking Group, has launched an app to officially commence its operations.
Payments firm Nium raises $50m from Brunei wealth fund, valuation drops to $1.4b
Nium said it will use the funds to further accelerate its growth plans, including hiring talent and pursuing M&A.
GenAI to separate the haves from the have-nots in startup world, says Capria’s Dave Richards
Investors also need to adapt to the changing landscape, said the managing partner.
Indonesia’s eFishery secures $30m working capital loan from HSBC
The financing, eFishery said, will help it increase the number of farmers it serves to a million from 200,000 currently.
Asia Digest: Shinhan Venture, Global Brain back Essen; A.P. Moller Capital launches Verdant Energy
Essen is Shinhan-GB FutureFlow Fund's first investment.
Digital market infra operator Marketnode raises Series A from HSBC, Temasek
Regulatory filings showed that the two investors have injected $19 million into the company.
KKR, TPG weigh buyout of SE Asian real estate platform PropertyGuru
KKR and TPG own about 26.5% and 29.6% stake in PropertyGuru, respectively.
Grab ramps up EBITDA forecast amid positive start to the year
Grab has maintained its current full-year revenue guidance of $2.70-2.75b, which represents a 14-17% YOY growth.
Grab reports 24% rise in revenue, lowers operating loss in Q1 2024
Grab maintained its full-year revenue guidance at $2.70-2.75 billion and raised its EBITDA forecast to $250-270 million.