SEA
HK’s Cyberport: SE Asia’s a pivotal market with immense possibilities for startups to scale operations, access larger consumer base & diverse markets [Q&A]
We talked to Eric Chan, Chief Public Mission Officer at Cyberport, to learn more about the Cyberport's achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Hong Kong and Southeast Asia for the new year. Cyberport is Hong Kong’s digital technology flagship and incubator for entrepreneurship…
Maybank trims Grab’s FY25 adjusted EBITDA by 23 percent
Maybank Investment Bank has trimmed Singapore-based superapp Grab's FY25 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) by 23 percent, which is still remains above the company’s guidance.
Malaysia’s telco Axiata says “in talks” with potential new shareholder for fintech arm Boost – report
The deal is still pending regulatory approval, and Axiata is not able to disclose the name of the new investor, group chief executive officer and managing director Vivek Sood said.
SoftBank, Temasek among eFishery investors facing near wipeout – report
None of eFishery’s PondTag sensors that were supposed to help remotely judge water quality and automate fish and shrimp feeders had been deployed. The limited data collection meant fish feed predictions were wrong almost half the time, the document said.
PDD’s Temu partners Atome for flexible payment checkout in Malaysia
This enables Malaysian customers to enjoy interest-free instalment payment options when shopping for a wide range of products on Temu's platform.
Igloo launches new partnerships; appoints new Chief Distribution Officer
Singapore-based insurtech firm Igloo has entered 2025 with a strong push, launching new partnerships, introducing new products with existing partners across the region, and appointing a Chief Distribution Officer to grow its embedded insurance and sales intermediaries business lines.
Singapore’s Sea Ltd partners with OpenAI on new ways to shop
This collaboration will explore how AI agents like Operator can work with Shopee to make online shopping more intuitive, personalized, and responsive, Sea added.
Southeast Asia’s InsurTech funding plunges 61 percent on year to $193M in 2024
The Southeast Asia (SEA) InsurTech total funding plunged 61 percent to $193 million in 2024 from $495 million in 2023, in line with global funding downturn across sectors, Tracxn said Friday.
Grab’s revenue grows 19 percent on year to $2.8 billion in 2024
Singapore-based superapp Grab announced Thursday that its revenue for 2024 grew 19 percent year on year to $2.8 billion, exceeding its guidance of $2.76 billion to $2.78 billion.
Kickstart Ventures: Philippines’ young, dynamic population, rising consumer demand, low-cost labor base make it attractive for long-term investment
We talked to Dan Siazon, Founder and Managing Partner of Kickstart Ventures to learn more about the company’s achievements in 2024, its plans and priorities in 2025. He also shared her views on the outlook of the tech ecosystem in the Philippines for the new year.
