Yimie Yong

Grab said it will issue convertible bonds that mature in June 2030, partly to fund potential acquisitions.

B Grimm Power is also studying a plan to invest at least $1.6 billion more in additional data center projects with a total capacity of about 200MW.

Grab has held on-and-off talks with GoTo for years, according to earlier media reports. But a merger never materialized, partially due to antitrust concerns likely to arise from combining Southeast Asia’s two dominant ride-hailing and food-delivery groups.

The BEYOND Expo Greater Bay Area 2025 Innovation Tour provided an insightful experience into the technological advancements and innovative spirit thriving within the Greater Bay Area.

Danantara has started preliminary discussions with GoTo to acquire a minority stake in a combined entity, according to people familiar with the matter, the report said.

The Southeast Asia (SEA) Monthly Funding Tracker for May 2025 indicates a sharp decline in funding activity. Total funding stood at $128.8 million across 16 rounds, which represents a 70.70 percent drop from April 2025 and a 26.42 percent decline from May 2024.

Southeast Asia’s startup funding landscape saw a remarkable rebound in April 2025. The region recorded $439 million across 9 funding rounds, marking a 334.7 percent surge from March 2025’s $101 million and a 218.1 percent increase from $138 million in April 2024.

This year’s BEYOND Expo attracted more than 800 companies, 800 investors and 25,000 visitors, across sectors from AI, HealthTech and Clean Energy to Robotics and SportsTech, making it the biggest BEYOND Expo yet and one of the largest annual pan-Asian technology gatherings.

Asian companies displayed pioneering tech across a wide range of sectors from AI, HealthTech, Clean Energy and Robotics to Lifestyle Tech, SportsTech, FinTech and more, wowing business owners, investors and dignitaries who had come to Macao for the Expo.

Organized by TNGlobal, the conference brought together key stakeholders from Southeast Asia's technology ecosystem to explore innovation, collaboration, and growth opportunities across the region. The event featured a series of engaging panel discussions, each addressing the evolving challenges and opportunities shaping Southeast Asia’s tech landscape.…