IPOs & Markets
With $21 million in losses in 2018, analysts said Coffee Bean will be a drag for Jollibee.
A possible investment in GOJEK's Philippine venture would mark the latest technology play for Ayala, after it bought a stake in Zalora’s local unit.
As valuations in markets such as Indonesia and Vietnam heat up, the Philippines could offer better value to investors.
Grab now controls more than 90% of the ride-hailing market in the Philippines but struggles to keep up with demand.
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