Home Views Digital Economy

Sea and Grab: Southeast Asia shows the high cost of fast growth

Tim Culpan
Tim Culpan3/7/2022 05:10 PM GMT+08  • 3 min read
Sea and Grab: Southeast Asia shows the high cost of fast growth
As Grab and Sea announce larger losses for FY2021, should they show some fiscal discipline?
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

With China’s technology giants facing a plethora of struggles, Southeast Asia was supposed to be the hip new market that offered a well of fast-growth companies. That’s coming at a heavy cost.

Earnings reports from e-commerce and gaming provider Sea as well as food and deliveries giant Grab Holdings are a stark reminder that years of break-neck speeds have been largely driven by subsidies and marketing. That wasn’t a problem when deep-pocketed venture capitalists like SoftBank Group Corp and Temasek Holdings were pumping money in during their startup phases.

But now they need to walk on their own. And they’re stumbling.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now