Internet Firm Sea Misses Sales Estimates on Slowing E-Commerce Demand
Sea Ltd. fell its most ever after reporting disappointing revenue and outlining plans to increase investment in e-commerce,
2023-08-16 09:24
Indonesia’s GoTo Cuts Loss After Bottom-Line Focus Pays Off
GoTo Group narrowed losses after prioritizing the bottom-line over revenue growth, taking the Indonesian internet leader closer to
2023-08-15 16:25
SoftBank Vision Fund Swings to Profit on Global Tech Rebound
SoftBank Group Corp.’s Vision Fund eked out its first profit in more than a year, thanks to a
2023-08-08 14:56
SoftBank May Turn Profit After $48 Billion in Vision Fund Losses
SoftBank Group Corp.’s Vision Fund is likely to return to profitability after five quarters of losses, thanks to
2023-08-07 12:29
Grab’s Bank to Accept Bigger Deposits, Signaling Cap Raised
Grab Holdings Ltd.’s upstart digital bank started accepting larger deposits in Singapore, suggesting the city-state’s regulator has raised
2023-07-19 18:22
Scandals Taint Singapore’s Clean Image Complicating Succession
Singapore’s ruling party has long relied on its reputation for clean governance to win elections and attract capital
2023-07-18 13:59
Singapore’s Grab Plans Biggest Job-Cut Round Since Pandemic
Grab Holdings Ltd. is preparing its biggest round of layoffs since the pandemic, as the internet company faces
2023-06-20 16:53
Sea Slumps as Profit Miss Suggests Turnaround Still Fragile
Sea Ltd. had its worst day in more than a year after earnings missed estimates and gaming revenue
2023-05-17 10:24