Southeast Asia

MoneyHero (MNY) reported a net income of US$0.2M in Q2 2025, a significant improvement from the previous year’s loss. Revenue was US$18.0M, down 13% YoY due to a strategic shift to higher-margin verticals, now comprising 27% of revenue. Adjusted EBITDA loss improved 79% YoY. Membership grew 33% to 8.6 million. MoneyHero anticipates Adjusted EBITDA profitability by late 2025, driven by AI implementation, improved revenue mix, and operational efficiencies. The company is scaling Insurance and Wealth segments for future growth.

Society Pass (SOPA) announced it has regained compliance with Nasdaq listing standards, specifically Rule 5550(b)(2), by meeting the minimum stockholders’ equity requirement of $2.5 million. Nasdaq confirmed the compliance on September 2, 2025. Maintaining its Nasdaq listing is crucial for SOPA, a Southeast Asian investment firm, as it allows continued access to capital markets and enhances its visibility among investors in the competitive tech landscape. This follows previous scrutiny regarding its listing status.

FTI Consulting (NYSE:FCN) has appointed Hitesh Tak as Senior Managing Director in its Corporate Finance & Restructuring segment in Singapore. Tak brings over 25 years of experience in strategy, operations, and performance improvement across Southeast Asia, with expertise spanning various industries including industrials, automotive, and private equity. He will focus on improving operational resilience and value creation, enhancing FTI Consulting’s capabilities in performance improvement and business transformation services in the region.

Haier holds the leading refrigerator market share in Southeast Asia as of H1 2025, experiencing over 50% growth in the large refrigerator segment. Building on this momentum, Haier launched its Wave Series refrigerator in the region, adapting the successful domestic model to local needs. The Wave Series features advanced preservation technology, space-saving design (crucial for smaller Southeast Asian kitchens), and Smart Ice technology, catering to the region’s hot climate and beverage preferences. The refrigerator aims to continue Haier’s growth in the area.