Tech stars Grab, GoTo, Sea fail to impress investors by merely trimming losses

Tech stars Grab, GoTo, Sea fail to impress investors by merely trimming losses

FILE PHOTO: A Grab taxi drives on a street in Hanoi, Vietnam October 29, 2018. REUTERS/Kham/File Photo

Southeast Asia’s biggest technology stars are fighting to retain their sparkle in the eyes of fickle investors, as pressure mounts to demonstrate profitability now that trimming fat off their businesses appears insufficient.