Friday, May 3, 2024

Grab and SEA repay their debts, confident with their cash positions...

Last week, during its earnings release, Grab announced that it had bought back $600 million of debt - part of its US$2 billion term...

Our thoughts on Sea Group’s 2022 Q4 and FY results

Last night Asia time (7 March), Sea Group released their 2022 Q4 and Full Year results. Prior to the release, it seems the analyst...

Our thoughts on Grab’s 2022 Q4 and FY earnings

Last week, Grab announced their 2022 Q4 and FY earnings. Overall the numbers are positive - especially on the path to profitability which has...

[New report] Apples to Apples: Benchmarking Shopee, Grab, GoTo and other...

As platform companies - the likes of Grab, GoTo, Sea Group, DeliveryHero, Uber, DoorDash, and Meituan - became new additions to the public equity...

[Upcoming Event] Apples to Apples: Benchmarking Shopee, Grab, GoTo, and other...

Many major tech companies - including Shopee, Grab, GoTo, Meituan, Uber,  Doordash and DeliveryHero - are now publicly listed. However, it does not make...

[New report] Will Pinduoduo’s Temu dethrone Amazon in US market?

Have you seen this ad on Super Bowl Sunday? The company behind is Temu - a cross-border commerce platform launched by PDD Holdings, the parent...

How should tech navigate the turbulence of 2023?

We can all agree now that 2022, after the hangover of Covid-induced investment boom, was a great reckoning (read: brutal) year for tech companies...

[Seeing the unseen] Why are Chinese tech giants missing from the...

In 2015, Tencent sponsored the (Lunar) New Year Gala by CCTV, China’s state-owned broadcaster, to promote the WeChat payment.  The format, which is getting users...

Verdict of Momentum Works 2022 Predictions

Our worst faring predictions since 2017 Since 2017, Momentum Works has been making annual predictions of tech and investment trends in Southeast Asia (and sometimes...

Why did GoTo’s share price jump 15% after weeks of slumping?

On Monday, we made the following comments about GoTo’s declining share price: “Unless the management delivers some extraordinary confidence booster, or state forces including regulators...

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