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Analysis

Grab’s cash pile starting to swell, but its purse strings remain tight

After years of cash burn, Grab has moved past survival mode to settle into a steady rhythm of profitability.

Just InTrending

1

Grab’s cash pile starting to swell, but its purse strings remain tight

2

India's Groww bets on wealth, commodities as broking's share falls

3

UltraGreen.ai begins pre-marketing of $300m Singapore IPO: report

4

People Digest: Equirus ropes in industry veteran; FTAHK appoints CEO

5

Mainland China investors can now trade Hong Kong-listed stocks in yuan

More Stories

1

Lakeshore Capital soft-circles $300m for latest Thai fund ahead of launch

2

CVC’s AHAM Capital share sale said to attract Malaysia’s Amundi

3

Grab raises full-year guidance as Q3 revenue beats estimates

4

Singapore biotech firm SCG Cell Therapy raises fresh funding

5

CapitaLand, Mapletree said to be weighing business combination

Deals

India’s Groww bets on wealth, commodities as broking’s share falls

Broking’s share of revenue fell to 79.5% in the June quarter, from 87.4% a year ago.

IPOs & Markets

UltraGreen.ai begins pre-marketing of $300m Singapore IPO: report

The company had secured a $188m anchor investment in Sept.

People

People Digest: Equirus ropes in industry veteran; FTAHK appoints CEO

Equirus has partnered with industry veteran Srinath Srinivasan for new late-stage PE fund.

Policy & Regulations

Mainland China investors can now trade Hong Kong-listed stocks in yuan

Move will allow investors better access to companies such as Alibaba.

World

Norway wealth fund to vote against Musk’s $1 trillion pay package

Investors in Tesla will decide on Nov 6 whether to approve the package.

World

Half of KKR’s PE capital distributions this year to come from Asia

Capital returned to investors from KKR’s Asia PE investments has topped $7.3b in 2025.

Indonesia

Deals Digest: Living Lab Ventures invests in ID firm; Australia’s Uluu bags funding

Uluu’s round was led by German growth investor Burda Principal Investments

Rest of Asia

Dolma Impact Fund exits Fusemachines following AI startup’s Nasdaq debut

Fusemachines, via a SPAC merger, has become the first Nepal company to list on Nasdaq.

Indonesia

Data Vantage: Kydon acquires Teamie, and other updates

The acquisition provides exits to its founder and other investors including SEEDS Capital.

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