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A day spent with a Grab driver in Metro Manila shows the reality of a system designed to solve business challenges but ultimately creates a human crisis
Sea Limited’s digital financial-services arm has found a steady earnings footing by straying from its own ecosystem
The Vietnamese carmaker's billionaire founder is keen on pushing the EV narrative, but it's mostly his own companies on board
An intense tech battle in Indonesia has dragged into its second decade, yet the latest earnings calls indicate there remains little that sets these foes apart
The multipurpose app’s deliveries business continues to soar—its revenue hit another peak in Q3, but the surge comes at a cost
Subscribers of Grabunlimited have revived growth in food deliveries GMV, but the turnaround is built on fragile foundations
Gojek Vietnam feels a survival squeeze as the parent company focuses on Indonesia
Little did Linkaja know what was in store when it acquired the peer-to-peer lender to bolster its entry into financial services
The country relied on its massive motorbike-taxi fleets to drive electric two-wheeler adoption. But driving hitches have kept the drivers and the riders away and left policymakers scratching their heads
In their race against time to launch operations, the license winners, especially Boost-RHB and GXS Bank-Kuok Brothers consortia, are unable to find the right people to build and run the business
The ~US$273 million Grab paid for Jaya Grocer in 2022 helped lift its delivery segment out of the red. But with consumer interest in e-groceries waning across Southeast Asia, growth potential looks limited
Limited inventory, clunky tech, and the inability to sign major advertisers are hampering this Grab business, even though the superapp was counting on this arm to be a major revenue generator
In post-pandemic Indonesia, delivery platforms are pushing hard for profitability. As a consequence, F&B brands have had to spend more to stay relevant on delivery apps
Southeast Asia's largest economy has got the better of several Indian startups, including Zomato and Meesho. But a few others, such as RedBus and Rebel Foods, have bucked the trend. What did they do differently?
The Indonesian tech giant isn’t outperforming peers on profitability. Yet some investors are gung-ho about its prospects
With a shift to platform work—thanks to the rise of Grab, Gojek, foodpanda—Singapore is now considering compulsory contribution of pension funds for gig workers. But who can foot the bill?
Grab-Singtel-Kuok Brothers, Sea-YTL, Boost-RHB, AEON-MoneyLion, and KAF-MoneyMatch can all celebrate their Malaysian digital banking licence win. But not for long
Congested roads and the impending legalisation of the motorbike taxi industry should be great news for six-year-old Angkas. But the floodgates are now opening, with super apps like Grab likely to enter
Having co-founded Gojek and brought Zalora as well as Grab into the Philippines, Cu is now on a mission. He wants to improve the lives of local farmers by building an end-to-end online grocery platform, he says in this interview to The Ken
MAS expects Singapore’s digital banks to launch this year. But with just 2% unbanked and hiring being a tough task, the once-jubilant digital bank licensees are running against the clock
Just a year ago, SPAC mergers were touted as a great vehicle for Southeast Asian tech companies looking to list in the US and in other international markets. Cut to today, SPACs listings are neither quick nor financially fruitful
Five years ago, Chinese micromobility players like ofo and Mobike burnt loads of cash in their Southeast Asia expansion, but due to infrastructure and regulatory issues, they had to pull back almost immediately. Today, Singapore-based Beam—having recently secured US$93 million—wants to replicate that success without the setback, but competition is close on its heels
Malaysia’s sovereign wealth fund Khazanah Nasional has experienced two leadership changes in less than five years. It’s more crucial than ever for the firm to set a clear mandate and stabilise itself, or risk losing another tech unicorn to neighbour Singapore
Indonesian startups don’t need to go regional to scale, but many are—eFishery, Kopi Kenangan, Social Bella, and Xendit, to name a few. However, they still need to secure their home market, while also localising their strategies overseas
Vietnam’s most widely used e-wallet, which recently crossed US$2 billion in valuation, sees itself as a super app. But with no independent ride-hailing, e-commerce or delivery services, MoMo faces disruption from regional giants like Grab
A halfway goal for Indonesia to try and meet its carbon neutrality target by 2060 is to get 13 million electric two-wheelers on the road by 2030. Currently at under 5,500 units, that’s a long long way away—especially given all the tough decisions that come first
After helping build the mapping team of recently-listed Grab from scratch from 2017 to 2019, Ajay Bulusu decided to strike out on his own. In February 2020, with two fellow Grabbers—Shaolin Zheng and Gaurav Bubna—he launched enterprise-focused mapping solutions startup NextBillion.ai
A prolonged pandemic is reshaping online travel agencies’ playbooks in Southeast Asia, as they retreat to their home base. While OTAs are expanding into services like fintech as part of their localisation strategies, the region’s super apps are also vying for a bigger piece of the online travel market
Nine-year-old foodpanda has always trailed behind super app Grab in food delivery, but it aims to win Southeast Asia’s instant grocery delivery race. With 300 dark stores already set up across 11 Asian markets, it’s got a substantial head-start. But competitors are catching up
Experienced former employees of Grab are founding new startups in Southeast Asia. But it’s more than that: the alumni network is a formidable pool of talent, investment, and advice that other members can tap into
Super app Grab made a classic corporate move by launching a think tank that’s designed to influence policy. Weeks before it becomes a public company, Grab is moving to own the narrative as gig economy companies come under fire worldwide
The Covid-19 outbreak has seen PromptPay, Thailand’s real-time digital payments system, more than double its monthly transactions in 18 months to 729 million and get over 56 million users. A bank-only play, it leaves fintechs locked out of the payments race
Reverse listings or SPACs were all the rage in 2020 and first quarter of 2021, until a regulatory clampdown on the industry. Coupled with the blossoming Indonesia Stock Exchange, the Southeast Asia-focused SPACs are about to have a harder time hunting for targets in the region
The Malaysian digital bank licence has attracted a wide range of applicants, from conglomerates to digital upstarts. As they jostle for an opportunity to start a bank, not all applicants are on equal footing in this race—and some patterns are starting to emerge
Super app Grab wants financial services to account for nearly half of its revenue by 2023, and growing its e-wallet is key. Grab has landed early partnerships, but even retail deals won’t stem GrabPay’s significant burn rate
To bolster its digital ventures, Asia’s largest budget carrier AirAsia Group is taking over the Thailand operations of Indonesian ride-hailing unicorn Gojek for US$50 million. Can the airline group’s digital play really compete against Grab, and to a certain extent, Gojek?
Indonesian media giant Emtek is a major backer of Bukalapak, the e-commerce player shooting for a record US$1.1 billion IPO. But Emtek has already profited from public markets using a clever tech play
The Gojek-Tokopedia merger has made GoTo king on its home turf. But lacking a comprehensive regional strategy, it has to convince investors overseas that Indonesia is enough
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