Pua Khein Seng returns home to spur on the local chip industry, but headwinds remain. Go to Source
Author: Tech In Asia Online News
Philippine car-sharing platform DOON gets $1.5m
The financing includes a mix of debt and equity, with AHG Lab mostly contributing to DOON’s initial funding. Go to Source
OKX Singapore gets payment nod from MAS, taps ex-Grab exec as CEO
The new head will oversee the firm’s strategic initiatives, including developing digital payment token products and services. Go to Source
Grab’s Superbank push sidelines Ovo
Check out our top articles for the week. Go to Source
Grab’s fork in the road: Ovo or Superbank?
In The Top Up this week, we look at Grab’s fintech affiliates in Indonesia, and Flipkart’s new payments app. Go to Source
Ovo’s future at stake as Grab pushes Superbank in Indonesia
Ovo’s transaction volume on the Grab app is at risk of decreasing after the integration of Superbank’s services. Go to Source
Grab’s Q2 loss narrows to $53m, but misses analyst estimates
Revenue for the quarter is US$664 million, up 17% YoY from US$567 million, driven by growth across all segments. Go to Source
Curves ahead for IPO-bound Ola Electric
Ola Electric may be hard-pressed to keep its market leadership as legacy players continue to target the two-wheeler EV market. Go to Source
TikTok, Grab collide in F&B as appetite for offline services grows
For TikTok, its expansion into F&B could just be one bite of a very large pie. Go to Source
Grab expands menu with Chope acquisition
We look at Grab’s acquisition of restaurant booking platform Chope and layoffs at fintech firm MoneyHero. Go to Source