SEA

Asia remains world’s most wallet led region as A2A payments accelerate – Worldpay

Asia Pacific (APAC) remains the world’s most wallet led region, with digital wallets accounting for 77 percent of online spend ($ 2.7 trillion) and 63 percent of in-person spend ($6.3 trillion) in 2025 – the highest share of any region worldwide, Worldpay (now Global Payments) said Wednesday.

Agoda opens new APAC tech hub in Bangkok

Headquartered in Singapore, Agoda is part of NASDAQ-listed Booking Holdings and employs more than 7,000 staff globally.

Southeast Asia-focused courier J&T Express records $12.2B revenue in 2025, up 19%

Indonesia-headquartered J&T Global Express, a global logistics service provider affiliated with China's smartphone brand Oppo, reported a revenue of $12.2 billion in 2025, up 18.5% year-on-year, the firm said in a release on Monday.

Grab’s foray Into Taiwan will be credit neutral – S&P

Grab Holdings Ltd.'s proposed acquisition of Delivery Hero SE's Foodpanda delivery business in Taiwan will have little impact on its credit profile, S&P Ratings said Wednesday.

Southeast Asia-focused SeaX Ventures invests $10M in RyboDyn’s AI-driven cancer research

SeaX Ventures, a venture capital firm focusing on Southeast Asia, will continue investing in RyboDyn, a biotechnology startup based in the United States, as part of the latter's $10 million seed funding round.

Grab’s Foodpanda Taiwan deal offers scale and new growth options – Maybank

The proposed $600 million acquisition of foodpanda Taiwan gives Grab entry into a structurally attractive on-demand market with meaningful food delivery scale and long-term optionality in adjacent verticals, Maybank Investment Bank said Tuesday.

Southeast Asia private equity stalls to $14B in volatile 2025

Private equity activity in Southeast Asia slowed to $14 billion in 2025, reflecting a broader pattern of volatility across the Asia-Pacific region, as investors grappled with global trade tensions, elevated valuations, and persistent fundraising challenges.

Grab’s Foodpanda Taiwan acquisition represents opportunity to expand beyond SEA at relatively reasonable price – Momentum Works

Grab’s acquisition of Foodpanda Taiwan represents a long-awaited opportunity to expand beyond Southeast Asia at a relatively reasonable price, Momentum Works said in a statement on Tuesday.

Singapore’s Grab to buy Delivery Hero’s Foodpanda Taiwan business for $600M

After the acquisition, Grab will have a presence across 21 cities in Taiwan.

Southeast Asia’s “super app” Grab earns revenue $3.37B in 2025, Malaysia remains biggest market

Singapore-based super app Grab's revenue in 2025 grew 20 percent year on year, reaching a record $3.37 billion as the firm continued to grow to expand its user base, improve frequency and engagement in the platform, and optimize incentive levels.