(source: en.wikipedia.org)
Singapore’s Grab reported its first-ever quarterly profit on Thursday (Feb. 22). This, despite a cautious outlook for annual sales as its ridesharing and food delivery...
Maersk is planning to invest over $500 million to support its supply chain operations in Southeast Asia. The Danish shipping firm said in a Monday (Dec....
Vietnamese FinTech MoMo is integrating its payment solution into Grab, the companies announced in a Thursday (Oct. 31) press release. MoMo users who want to...
TikTok’s plan to invest heavily in Indonesian eCommerce is apparently hitting a roadblock. As Bloomberg News reported Thursday (Sept. 28), the company is now subject to new rules...
Singapore’s Grab is readying its largest round of job cuts in three years. The ride-hailing and food delivery platform announced Tuesday (June 20) that it...
Alibaba, the Chinese eCommerce behemoth, is planning to expand its Tmall eCommerce site to Europe, according to Michael Evans, president of Alibaba Group. Speaking at...
TikTok will invest billions in Southeast Asia as it undergoes scrutiny elsewhere in the world. The announcement from the company’s chief executive Thursday (June 15)...
TikTok is reportedly looking to Southeast Asia to massively expand its eCommerce business. The Chinese social media platform aims to grow its eCommerce sales from...
Digital banking group Tyme has raised $77.8 million in a pre-Series C capital raise. The Singapore-headquartered firm will use the new funding to continue growing its operations in South...