[ad_1] Foodpanda confirmed its latest round of job cuts on Friday, citing the need to be “more agile.” “Delivery Hero confirms negotiations with several parties regarding a potential sale of…
Tag: Grab Holdings Ltd
Singapore’s Grab says its ride-hailing unit is on track to hit pre-Covid levels by the end of the year
[ad_1] Signages at the Grab Holdings Ltd. headquarters in Singapore, on Sunday, Aug. 20, 2023. Grab released earnings results on Aug. 23. Photographer: Ore Huiying/Bloomberg via Getty Images Ore Huiying…
Sea pivoted to growth over profits as it faced rising competition from TikTok, Lazada, analysts say
[ad_1] Forrest Li, chief executive officer of Sea Ltd., in Singapore, on Wednesday, May 3, 2023. Ore Huiying | Bloomberg | Getty Images Shares of Southeast Asian tech giant Sea…
Grab cuts 1,000 jobs, its biggest round of layoffs since the pandemic
[ad_1] The headquarters of Grab Holdings Ltd., in Singapore. Grab Holdings Ltd., reported its latest earnings on Feb. 23, 2023. Bryan van der Beek | Bloomberg | Getty Images Singapore-based…
Sea Group’s digital bank launches in Singapore to a select group of individuals
[ad_1] MariBank, Singapore tech giant Sea Group’s digital bank, has launched in Singapore to select members of the public as it rolls out its services progressively. Rafael Henrique | Sopa…
Singapore’s digital banks dangle incentives to win new customers — is it sustainable?
[ad_1] Singapore’s new digital retail banks are offering lower fees, more incentives and waiving minimum account balances to win over customers from traditional banks. But how viable is this in…
Stocks of Indonesia’s GoTo surge 5% as it says profit targets will be met ahead of time
[ad_1] GoTo Group expects group contribution margin, which shows revenue after variable costs, to become positive by first quarter of 2023 – a year ahead of schedule. Dimas Ardian |…