Ride-hailing firm Grab plans major investment in Vietnam

[SINGAPORE] 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, just weeks after it unveiled a...

I just wanted to help, says man who rescued driver

Food delivery rider Muhammad Riau Alfian, 28, had just completed a delivery and was heading back to Jurong Point on Saturday morning when he spotted a commotion.

Grab to invest US$2b in Indonesia over a period of 5 years

GRAB commits to investing US$2 billion in Indonesia over a period of five years, with capital invested through Japanese conglomerate Softbank to speed up Indonesia's development of digital...

Grab to invest US$2 billion in Indonesia through SoftBank capital over next five years

GRAB has committed to investing US$2 billion into Indonesia over five years, with capital invested by Japanese conglomerate SoftBank to speed up the country’s development of digital infrastructure...

SoftBank announces US$108b Vision Fund 2

[TOKYO] SoftBank Group Corp's founder Masayoshi Son launched a second Vision Fund, seeking to extend his reign as the world's most influential technology investor.

Private-hire drivers caught hacking Grab, Gojek apps

Bootleg versions of these apps allow drivers to bypass verification, fake their location, cancel jobs without being penalised and, in some cases, view private customer information.

Go West: Tech firms in Singapore setting up bases in south-western corridor

IN the last seven months, two of South-east Asia's best-known unicorns announced expansion plans with new addresses in the same neighbourhood.

Smart City Kitchens files competition complaint against GrabFood, Deliveroo

SMART City Kitchens (SCK), a shared kitchen operator, has filed a formal complaint against food delivery players Deliveroo and GrabFood with the Competition and Consumer Commission of Singapore (...

Grab obtains investment, partnership from consumer credit giant Experian

CONSUMER credit giant Experian is investing in Grab's latest financing round, and partnering it to boost the Singapore startup's consumer financial services. The amount of investment was not...

Views divided on call bookings, surge pricing: LTA on feedback for taxi, private-hire operators

Point-to-point (P2P) transport providers such as taxi and private-hire firms should not lower fares too much to gain market share. They should not jack up fares too much during peak periods. Taxi...