SEA
PropertyGuru appoints Lu Yao as Managing Director for Singapore
PropertyGuru Group, the Singapore-based property technology company, announced Thursday the appointment of Lu Yao as Managing Director, effective September 15.
Singapore’s Venturi Partners announces first close of Fund II at $150M
Venturi Partners, a Singapore-based consumer growth fund, has announced the first close of its second fund at $150 million.
South and Southeast Asian economies are emerging as back-end hubs – Moody’s
South and Southeast Asian economies are emerging as back-end hubs but technical gaps constrain their ability to capture greater economic value, Moody's said Tuesday.
91 percent of ASEAN enterprises expect GenAI disruption within 18 months – study
91 percent of ASEAN enterprises expect generative artificial intelligence (GenAI) disruption within 18 months, with 16 percent having introduced GenAI applications into the production environment and 84 percent in the initial testing phase, a study showed Tuesday.
J&T Express’s profit surges 147.1 percent on year in first half
J&T Global Express Limited, an Indonesia-based logistics service provider, said its adjusted net profit surged 147.1 percent year on year to $156 million in the first half, underpinned by strong business growth and continuous operational optimization across its markets.
Malaysia’s Iris Capital seeks to raise $200M for new private credit & private equity fund – report
The firm is seeking cash for a new private credit and private equity fund, managing partner Rachel Lau said in an interview with Bloomberg.
Moomoo opens first SEA experience store in Malaysia
Moomoo Securities Malaysia Sdn. Bhd. (Moomoo MY), a subsidiary of Futu Holdings Limited, announced Tuesday the opening of its inaugural physical experience store in Southeast Asia, located in the heart of Kuala Lumpur, Malaysia.
Fintech giant Stripe to power global internet commerce growth from Asia with stablecoins & AI
“Asia is showing extraordinary resilience and focusing on international growth,” said Sarita Singh, regional head and managing director for Southeast Asia, India, and Greater China at Stripe.
Why SEA’s lending revolution must put impact before profit
Inclusion without trust is a false promise. The next phase of fintech’s growth in SEA must be impact-first—because when trust is designed in from the start, everyone wins.
Maybank raises Sea’s revenue and adjusted EBITDA estimates
Maybank Investment Bank has raised Sea's full year revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates by 3 percent to 6 percent.
