SEA

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.

Southeast Asian tech startups raised $10.4 billion in 2022, the third strongest year on record and on par with the pre-pandemic investment levels, said a report revealed by Momentum Works and Cento Ventures on Tuesday.

Doceree, a global platform building solutions for healthcare professional marketing (HCP) programmatic marketing with proprietary data tool, has on Wednesday announced its long-term partnership with Singapore-based health tech firm Hello Health Group.

The three-day expo will focus on showcasing and discussing technologies related to consumer technology, healthcare, and sustainability.

Small and medium-sized enterprises (SMEs) in ASEAN do not plan to slow down their investment in digitalization, and plan to invest a further $130 billion for digitalization over the next three years, according to a recent white paper published by TDCX.

Southeast Asia’s (SEA) private equity (PE) market deal value fell 52 percent in 2022 compared to the previous year, with deal count also declining 15 percent year-on-year, Bain & Company (Bain) said Thursday.

Foodpanda, Asia’s largest food and grocery delivery network outside of China, has entered into a strategic partnership with TADA, a blockchain-based ride hailing platform in Singapore, to introduce new user benefits for customers in Asia, starting with Singapore and Cambodia.

“We've been seeing consistent growth coming not just from the volume of the transactions but at the same time, the margin potential has also been increasing with the help of retail business and ancillary services,” its Co-Founder and Chief Executive Officer Eric Cheng said .

Singaporean multinational banking group United Overseas Bank Limited (UOB) and international e-commerce company Lazada Group have entered a Memorandum of Understanding (MOU) to collaborate on retail products and banking solutions for their combined customer base in five key Southeast Asian markets, namely Singapore, Malaysia, Indonesia, Thailand and…

Funding Societies | Modalku, the Singapore-based unified small and medium-sized enterprise (SME) digital finance platform, has on Tuesday announced it has achieved $3 billion over more than 5 million transactions of business financing to SMEs across the Southeast Asian region.