We look at the women leading Southeast Asia’s major startups and the seed round of a Singaporean carbon project. Go to Source
Author: Tech In Asia Online News
Vietnam banks on battery power
We look at how Vietnamese battery startups are hoping to cash in on the country’s renewables push and check out a key milestone for Sea Group. Go to Source
Vietnamese battery startups eye more green financing to power renewables push
Local startups are looking at ways to develop battery technologies as Vietnam makes a push for green energy. Go to Source
Charting Grab’s financial progress
We look at Grab’s financial health after a milestone quarter for the super app and the fresh funding for fintech firm Fluid. Go to Source
Grab reports profitable Q4, to buy back shares
Grab’s revenue rose 30% year on year to US$653 million for the period, which the firm attributed to growth across all its segments. Go to Source
Why the Grab-GoTo merger is likely a no-go
We examine how feasible or even desirable a GoTo-Grab merger really is and why Shopee faces logistics monopoly allegations in Indonesia. Go to Source
GoTo plus Grab: The merger that neither needs and regulators don’t want
A potential merger can help improve both companies’ cash position. However, regulatory challenges may hinder the plan. Go to Source
Anywheel defies odds to survive Singapore’s bike-sharing wars
Anywheel was around as a relatively small player during bike-sharing’s heyday in Singapore. Now, it still stands – despite a lack of VC funds. Go to Source
GoTo denies rumors on potential Grab merger deal
The two firms have reportedly revived merger talks, but GoTo shot down the rumor in a filing with the Indonesia Stock Exchange. Go to Source
SG competition watchdog begins in-depth review on Grab’s takeover of Trans-cab
Grab announced its planned acquisition of Trans-cab in July 2023, which includes the latter’s vehicle workshop and fuel pump operations. Go to Source