NewsGrab faces regulatory headwinds in Indonesia, its key ride-hailing marketThe Nasdaq-listed company’s shares fell on concerns about commission revenue. 3 mins read
Bringing you the latest updates on funding and investment activity across the Asia Pacific. NewsDeals in brief: Indonesia’s Spun raises seed funding, Gobi Partners makes first Bangladesh investment, 11 China investments, and more7 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Grab invests USD 60 million in Vay, Transcelestial secures new funding, Bioactivx closes seed round, and more5 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: WeRide secures Grab’s backing for robotaxis, Foxconn invests in Robocore, seven China deals, and more7 mins read
Strong performances across mobility, deliveries, and financial services drove Grab’s better-than-expected first-quarter results. NewsGrab raises EBITDA outlook as Q1 revenue and user growth beat expectations4 mins read
The Indonesian firm booked its first quarterly profit since restructuring began. NewsBukalapak returns to profit in Q1 after shedding physical sales2 mins read
GoTo’s delivery, mobility, and fintech units all posted gains. NewsGoTo posts EBITDA profit in Q1 as Grab merger rumors simmer2 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Grab reportedly in GoTo takeover talks, Kyberlife and Bluesify raise funding, Fore Coffee targets Indonesia IPO, and more4 mins read
The upstart expands in Southeast Asia, challenging Uber with its Hong Kong entry. NewsSingapore ride-hailing app Tada innovates by putting drivers first3 mins read