News
Gojek partners Dat Bike to roll out electric motorbikes ride-hailing service in Vietnam
Gojek, an Indonesia-based mobile on-demand multi-service platform, has partnered with Dat Bike, a Vietnam-based electric vehicle start-up, to pilot the use of electronic motorbikes to serve the transportation, logistics and food delivery needs of Gojek users in Vietnam.
Grab says ‘on track’ to achieve breakeven by 4Q after losses narrow in 1Q
Grab, the Singapore-based super app, is on track to achieve breakeven by the fourth quarter after its losses narrowed in the first quarter. It has revised up its full year adjusted EBITDA guidance range by $80 million to $90 million.
VinFast plans to expand into the Southeast Asia electric mobility market
Vietnamese automaker VinFast has revealed its intention to expand into the Southeast Asia electric mobility market with its full range of electric vehicles (EVs). The firm also plans to introduce its first four right-hand drive EVs to the market.
Singapore’s bolttech raises $196M Series B funding with an up-round valuation of $1.6B
Singapore-based insurtech firm bolttech has on Wednesday announced it has raised $196 million in connection with its Series B with an up-round valuation of $1.6 billion. The round was led by Japanese insurance firm Tokio Marine.
MoMo offers flexible payment options for Apple Store Online purchases in Vietnam
MoMo, a Vietnam-based fintech company, has on Thursday announced that the firm now offers customers of Vietnam’s Apple Store Online flexible payment options, with the launch of monthly Instalments for Apple Store Online.
Israel’s XTEND acquires Singapore-based drone inspection specialists Performance Rotors
XTEND, a Israel-based autonomous operating system developer, has acquired Performance Rotors, the Singapore-based drone inspection specialists. The acquisition will boost XTEND’s ability to offer human-guided, remote interactive operations in a range of inspection scenarios, and grow its global business.
Singapore’s TDCX expands into Brazil as it continues its global expansion
TDCX, a Singapore-based digital customer experience (CX) solutions provider, has launched its 29th campus in São Paulo, Brazil, as it continues its global expansion.
Charge+ launches the longest EV charging highway in Southeast Asia
Singapore-based integrated electric vehicle (EV) charging solution provider Charge+ has announced the plan to develop a 5,000km EV charging highway across five countries in Southeast Asia.
First shipment of VinFast SUVs arrives in Canada
Vietnamese automaker VinFast has announced the arrival of the first shipment of 781 VF 8 vehicles to Nanaimo port, British Columbia. The first VF 8 vehicles will be delivered to customers from June 2023 onwards.
SEA achieves total net income of $87.3M in 1Q as revenue rises
Singapore-based tech conglomerate SEA Limited has achieved a total net income was of $87.3 million in the first quarter, as compared to total net loss of $580.1 million a year ago. The group's first quarter total revenue was $3 billion, up 4.9 percent year-on-year.
