Singapore
175 companies assessed. 96 of them, 54.9%, sit in the two least protected bands, against 53.3% across all 10,525 companies assessed.
Singapore's company landscape splits sharply along one line: whether a business sits on something the government, geography, or a hard license protects, or whether it lives in an open market where a bigger regional player can out-scale it overnight. The banks, ports, airports, universities, and data center operators barely feel any AI-era pressure because nobody can replicate a Changi Airport or a banking license or PSA's port network. Meanwhile crypto foundations, small e-commerce platforms, and thin-margin service firms are getting flattened by Shopee, TikTok Shop, Canva, and hyperscaler security tools that do the same job for less. Lazada is the clearest case of a household name losing real ground, its regional share nearly halved since 2020 as TikTok Shop and Shopee eat into it. Crypto-native Singapore firms like Zilliqa, Cake DeFi, and Scroll are almost all in trouble, squeezed by bigger chains and exchanges with more liquidity and trust. The dynamic that decides everything here is scale plus trust: whoever already owns the biggest user base, the deepest liquidity pool, or the only license gets to absorb AI tools as an upgrade, while everyone smaller has AI-powered rivals eating their lunch instead.
Every company in Singapore is listed in the A to Z index and in its sector league.
- Will Lazada survive the AI era in Singapore ecommerce
- Lazada is under real pressure, with regional market share down from 24% in 2020 to 11% in 2025 as TikTok Shop and Shopee grow much faster. It still operates across six countries and carries a moat score of 5, so it isn't gone, but the trend line is against it.
- Which Singapore crypto companies are struggling the most
- Zilliqa, Cake DeFi, Scroll, Qtum Chain Foundation, and VeChain Foundation all sit in the wide open category with moat scores of 2 or below. Cake DeFi's assets under management fell 92% to roughly $80 million as bigger exchanges and non-custodial platforms pulled users away.
- Is PropertyGuru losing ground to competitors
- PropertyGuru is rated protection under test, facing pressure from 99.co, which is backed by REA Group, and a new government-backed listings portal pulling agents and traffic. Its related entity, PropertyGuru Group, is rated more stable with less evidence of sustained share loss so far.
- What is happening to ComfortDelGro with Grab competition
- ComfortDelGro is defensible for now but showing real cracks, its taxi fleet shrinking from 8,669 to 7,816 cabs and taxi operating profit down 10.3% year over year as Grab draws riders away. Its buses and rail business outside the taxi segment isn't shown to be under the same pressure.
- Lazada's quarterly GMV growth rate compared to Shopee and TikTok Shop
- SecureMetric's revenue trend over the next few quarters despite the e-invoicing mandate
- ComfortDelGro's taxi and PHV fleet size and operating profit in future filings