Miguel Cordon

Miguel works primarily on breaking news out of Asia, writing and editing developments in the region’s tech scene. He also keeps eyes on financials and startups with fresh and innovative offerings.

Grab, after all, is conducting its pilot studies in business districts, which also hold residential buildings and malls.

How China’s playbook could guide Grab’s drone gamble

Drones require a costly network of launchpads, charging stations, and automated kiosks

Toh says that the company needs to be “disciplined” and not chase certain metrics – such as revenue and profit – “for certain metrics’ sake”.

GetGo back to profit after easing on the gas in 2024

The firm is closing in on 500,000 registered users, up from about 300,000 at the end of 2023

GetGo co-founders Johnson Lim (left) and Ting Feng Toh

GetGo drives revenues at a cost as bottom line turns red

WHEN Singapore-based GetGo raised almost US$15 million in 2023, its CEO and co-founder Ting Feng Toh set a lofty goal: help the...

Early-stage rounds have dominated South-east Asia’s overall tech investment landscape in the last 12 months as well, according to Tech in Asia data.

The players in SEA’s ailing healthtech landscape

SOUTH-EAST Asia’s healthtech space seems to be under the weather in 2024.

Shein has expanded rapidly into South-east Asia in 2022, not long after moving its parent firm to Singapore from China.

Shein’s 2022 sales grow 4x ahead of IPO to close in on Zara

CHINA-FOUNDED Shein started surging in popularity in 2020 amid the Covid-19 pandemic, as customers who were stuck at home logged on to...

Mirxes develops test kits for the early detection of cancer and other diseases. I

Mirxes posts US$58 million operating loss, US$24 million revenue

SINGAPORE biotech firm Mirxes reported a 36.2 per cent year-on-year revenue growth to US$24.2 million in 2023, according to its April filing...

According to a 2022 study by market analyst Canalys, AWS leads Asia Pacific’s cloud market with an estimated 32 per cent market share

Singapore-based Amazon execs feel the brunt of job cuts

RECENT job cuts from US e-commerce titan Amazon have affected executive staff in Asia Pacific, Campaign reported.

Bambu, which enables financial institutions to offer robo-advisory products, ultimately fell short.

SG fintech firm Bambu shuts down after missing profit targets, says founder

ON DEC 31 last year, Singapore-based fintech startup Bambu had shut down. This is hardly unusual: Startups shut down all the time,...

TerraPay joins the growing list of MPI license holders in Singapore, which includes fintech firm Payoneer, USDC issuer Circle, and a unit of payments major PayerMax.

TerraPay wins Singapore licence for money transfer, account issuance services

TERRAPAY has secured a major payment institution (MPI) licence from the Monetary Authority of Singapore, coming less than a year after it...

FILE PHOTO: A lanyard showing logos of Southeast Asian e-commerce and gaming group Sea Ltd is pictured at its office in Singapore, March 5, 2021. REUTERS/Edgar Su/File Photo

Sea Group’s financial health in 7 charts

AS SOUTH-EAST Asia’s largest Internet firm and a popular stock among retail investors, Sea Group’s financial numbers are closely watched. The charts...