Olivia Poh

(Bloomberg) -- Grab Holdings Ltd. shares slumped after the ride-hailing company reported quarterly revenue growth that trailed estimates, highlighting intense competition in the Southeast Asian market.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionJohannesburg Mayor Quits Amid Infighting, Financial W

Singapore is planning to introduce a new law that would enable police in the city-state to order banks to restrict the accounts of individuals who are suspected to be targets of scams.

Ride-hailing provider GoTo Group is exiting Vietnam, abandoning a country where it's been struggling to focus on reaching profitability in its main operations in Indonesia and Singapore.

Singapore payments company Nium Pte is pushing back its plans for an initial public offering in the US by more than a year, focusing on shoring up its team and growing revenue.

Genesis Alternative Ventures , a private lender to ventures and growth-stage companies, closed its second debt fund at the lower end of its target as global investors remain cautious about Southeast Asia's startup industry.

Washington's envisioned clampdown on the tax-free import of Chinese goods imposes one more layer of uncertainty on consumer-sector mavens from Alibaba Group Holding Ltd. to Temu who are already struggling to cope with a consumer crisis back home.

Alibaba and smaller rival JD sagged about 2% in Hong Kong Monday, as investors parsed the potential fallout from U.S. plans to begin taxing packages worth less than $800.

GoTo Group agreed to use to cloud services from Alibaba Group Holding Ltd. , which pledged to not sell down its stake in the Indonesian ride-hailing provider any further for the duration of the pact.

Startup expects to reach its first net income in early 2025 Home interiors platform growing as Indian middle class expands

Video platform strikes pact with regional e-commerce leader Shopee betting on partnership to stay ahead of TikTok, Lazada