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Grab’s financial health in 11 charts

These charts offer a snapshot of how Grab is performing.

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Funding crunch fails to slow Indonesia’s expanding D2C space

In The Checkout this week, we look at the latest state of Indonesia’s D2C space and dive into Shopee’s strong results for Q1 2024.

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Indonesian telcos XL Axiata, Smartfren explore potential $3.5b merger

Parent companies Axiata Group and Sinar Mas have entered into a non-binding memorandum of understanding to explore the deal.

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Shein not settled on London listing yet: chairman

Donald Tang told Financial Times that while Shein has made some progress in changing perceptions about the company in the US, lawmakers remain unconvinced.

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How VCs can beat currency depreciation

Venture capital investing in tech startups that disrupt industries in "primed" emerging markets may be the answer to beating currency depreciation.

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Golden Gate Ventures launches $100m MENA fund in Qatar

The fund has US$20 million in commitments, supported by anchor investors Al Khor Holding, Al Attiya Group, and Sheikh Jassim bin Jabor al-Thani.

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20 largest exits in SEA

Here's our regularly updated list of the region's biggest startup exits.

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Tiger Global-backed Porter becomes a unicorn following secondary share sale

A friends and family funding round valued the Indian logistics startup at US$1 billion, Moneycontrol reported.

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Tech in Asia x Airwallex Startup Night

Accelerate Your Startup Success

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Zomato’s comeback story is built on sensible foundations

Zomato turns things around and achieves profitability, while AnyMind reports 60% year-on-year revenue growth.

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Singapore’s Sqreem acquires youth-focused digital ad platform TotallyAwesome

The deal would help Sqreem navigate ethical youth marketing amid rising global debates on responsible AI usage, especially around young audiences.

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Baidu’s AI pivot helps drive revenue, despite overall sluggish growth

Aside from its AI Cloud unit, the Chinese tech giant also made significant strides in its AI and intelligent driving businesses.

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JD.com’s revenue growth steady as income from operations rises

Its revenue of US$36 billion for the first quarter of this year was up by 7% from Q1 2023. 

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Tracking startup closures across Southeast Asia

There are several reasons why startups in Southeast Asia go bust, but we lack data about it. This piece helps you track the region's macro-level trends.

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Osome raises $17m series B extension months after mass layoffs

The Singapore-headquartered startup's fundraise is a mix of equity and debt from new and old investors.

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PropertyGuru, 99.co unfazed by new HDB home listings portal

PropertyGuru leads the market in Singapore, while 99.co emphasizes that property search is a "long journey" involving multiple website visits.

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Glasswall: The things anonymous founders say about VCs

Check out the recent anonymous reviews for these VC firms.

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Get curated fundraising startups, right in your email inbox

A new benefit for paid subscribers, in beta.

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Kasagi Labo receives $12m boost for anime push in SG

The Singapore-based venture studio provides Japanese anime content globally through IP licensing, distribution, and merchandising.

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Japan’s top-funded tech companies in the last decade

Our automated tracker can help you keep an eye on the funding activities of Japan's tech firms as they close in on the billion-dollar mark.

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