SEA

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.

Lim said the funds raised from the IPO would mainly be utilised for working capital, to develop its device ownership plan and to strengthen its omnichannel presence to ensure a seamless experience between online and physical retail in Malaysia.

We talked to Kaushik Chowdhury, ‍Chief Executive Officer of GXBank, to learn more about GXBank’s achievements in 2025 and its plans and aspirations for 2026. He also shared his views on the outlook of the digital banking industry in Malaysia.

With the support from the HKIC, Carsome will drive initiatives across areas such as supply chain sourcing and technology collaboration, accelerating the application of data and artificial intelligence (AI) in the automotive sector, which further empowers Carsome for its regional expansion.

VinFast, the electric vehicle (EV) manufacturer under Vietnam's top conglomerate Vingroup, reported a revenue of $3.6 billion and delivery of 196,919 vehicles in 2025, according to its preliminary and unaudited financial results released on Tuesday.

We talked to Helen Wong, Managing Partner at ACV Capital, to learn more about AVC Capital’s achievements in 2025 and its plans and aspirations for 2026. She also shared her views on the outlook of tech ecosystem in Indonesia and Southeast Asia for 2026.

Singapore-based Ant International has announced a partnership with the Argentina National Football Team, becoming an official sponsor of the team in the Asia region, excluding the Middle East.

Virdalis, a Singapore-based biotechnology company developing protein from Wolffia globosa—commonly known as duckweed—has secured US$700,000 in pre-seed funding led by Wavemaker Impact.

FWD Group Holdings Limited has announced several senior leadership appointments, including David Junius as Managing Director & Group Chief Financial Officer (CFO) from July 1, 2026; Alex Wong as Group Chief Actuary; and Khun Knattapisit Krutkrongchai as Chief Executive Officer for Thailand effective May 11, 2026.

Grab Holdings announced a $3.2 million commitment for 2026 from the GrabForGood Fund to support education, community care and disaster relief programs across Southeast Asia, the Singapore-headquartered technology giant said in a release last Friday.