Sea's invested heavily to expand into payments, e-commerce, where Shopee takes on Alibaba-backed Tokopedia, Lazada.
Hearty founders have defied a lack of technology and support to start their own ventures.
Current backers, including Tencent & Warburg Pincus, have discussed providing more funding to the firm.
After raising $85 million in a recent funding round, Carousell plans to build out its existing markets, which also include Indonesia, the Philippines
Alpha JWC will contribute as much as $5 million in funding for PayPal Incubator. After being selected by PayPal and Alpha JWC senior executives in Sin
The company’s “gross margin will remain pressured and losses will widen as it invests in growth,” Bloomberg Intelligence analysts Matthew Kanter
With $4 billion raised from investors led by SoftBank, Anthony Tan has turned Grab into a ride-hailing juggernaut.
A deal will mark Uber’s exit from yet another major market.
GIC hit pay dirt with investments in Alibaba and Xiaomi.
In an interview, GIC chief executive Lim Chow Kiat and head of the company’s technology investment group, Jeremy Kranz, talk about the fund's invest
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