News
Grab in cost-cutting mode as economic uncertainty looms
Grab rolls out cost-cutting measures to cope with an uncertain macroeconomic situation, including a freeze on most hirings and cuts in travel, expense budgets. Read more…
ride-hailing
News
Be Group gears up to challenge Grab’s supremacy in Vietnam
Ride-hailing competition in Vietnam is set to intensify as Be Group secures a $60 million loan from Deutsche Bank to challenge existing market leader Grab. Read more…
News
China tightens existing ride-hailing data rules
China’s transport ministry has tightened existing rules governing how online ride-hailing firms should handle and share data with regulators. Read more…
News
Uber says it is not in fact exploring ways to bail from India
Uber has rejected a Bloomberg report claiming that it has explored exiting the India market, saying it has never considered such a move. Read more…
News
Didi and other apps may return soon as China probes wind down
Chinese regulators are concluding probes into Didi, Full Truck and Kanzhunm, and may allow their apps back on local app stores this week: WSJ Read more…
Views
Lyft is floundering as Uber thrives. The difference? It’s all about scale
Lyft and Uber had wildly different quarters revenue-wise. The reason is simple: in this business, size (and scale) really does matter. Read more…
News
Gojek drivers organize to push back against the algorithms
As Gojek drivers feel the squeeze from the company’s algorithms dictating their work, they are turning to each other for support. Read more…
News
Baidu opens robotaxi service in Shanghai with Apollo Go ride-hailing
Baidu will begin public testing of Apollo Go in Shanghai where passengers will have the ability to trial the robotaxi mobile platform. Read more…
News
China to ramp up scrutiny of online ride-hailing firms
China will ramps up scrutiny of online ride-hailing firms, plans to strengthen protection of worker rights, amend non-compliant operations. Read more…
News
Amazon in early talks for a stake in Indonesian Go-Jek
Amazon Inc is in early talks with Go-Jek Group to buy a stake in the Indonesian ride-hailing startup, a source familiar with the matter told Reuters. Read more…
News
Ride-hailing firm Grab plans major investment in Vietnam
Singapore-based ride-hailing firm Grab is set to invest “several hundred million dollars” in Vietnam where the company sees its next major growth market. Read more…
News
Go-Jek accelerates in Thailand, eyes Philippines
Go-Jek, a play on the Indonesian word for motorbike taxis, launched in Thailand under the brand GET and is building presence in the Philippines Read more…
News
Ride-hailing firm Didi address concerns after users murdered
SHANGHAI (Reuters) – Chinese ride-hailing firm Didi Chuxing on Wednesday announced a reorganisation plan aimed at improving safety on its platform, as it works to address public and government concerns raised after the murders of Read more…
Features
Go-Jek vs Grab: begun, the super-app wars have
JAKARTA (Reuters) – At a makeshift kiosk outside her home in a South Jakarta backstreet, 39-year-old Julaiha stands at the front lines of a multi-billion-dollar battle over one of the richest opportunities in the global Read more…
News
Go-Jek opens shop in Singapore to take on Grab
SINGAPORE (Reuters) – Indonesian ride-hailing firm Go-Jek kicked off a trial launch in parts of Singapore on Thursday and plans to roll out an array of services through its app in early 2019, challenging dominant Read more…
News
BMW to launch ride-hailing service in China next month
BEIJING (Reuters) – Germany’s BMW plans to launch ride-hailing services in China in December, the first global automaker to obtain such a license in the fast-growing market. BMW Mobility Service Ltd, a fully-owned subsidiary of Read more…
News
SEA internet economy to top $240b by 2025: study
SINGAPORE (Reuters) – Southeast Asia’s internet economy is expected to exceed $240 billion by 2025, a joint study by Google and Temasek Holdings showed, a fifth more than previously estimated, as more consumers use their Read more…
News
Grab-Uber deal fined again – this time in the Philippines
MANILA (Reuters) – The Philippines’ competition watchdog fined ride-hailing firms Grab and Uber Technologies on Wednesday, saying they consummated their merger too soon and that the quality of service dipped, becoming the second regulator in Read more…
News
Microsoft buys into the Grab gravy train
SINGAPORE (Reuters) – Microsoft is investing in Southeast Asian ride-hailing firm Grab as part of a partnership that the two companies said will allow them to collaborate on technology projects, including big data and artificial Read more…
News
Toyota and SoftBank team up for self-driving car services
TOKYO (Reuters) – Toyota Motor Corp and SoftBank Group are teaming up to develop self-driving car services, signalling deepening alliances between top automaker and tech firms as the global race to develop autonomous cars intensifies. Read more…