Gojek chief says on track to raise US$2b before 2019's end

[SINGAPORE] Gojek is on track to raise US$2 billion in its ongoing funding round before the end of the year, accelerating capital-raising to drive an expansion into mobile payments and food delivery.

Grab and Gojek squaring off in international food fight

[SINGAPORE] Nanik Soelistiowati, the owner of a banana fritter stall in West Jakarta, is the unlikely prize in a battle between two of the most valuable technology startups in Asia.

New chapter in banking begins as applications open for digital banks

RIDE-HAILING firm Grab is "confident" of meeting the digital banking licence requirements that include "a path towards profitability" on a five-year projection, the unicorn told The Business Times...

Grab to invest US$500m in Vietnam over 5 years, partners Sovico Group

GRAB said on Wednesday that it is investing another US$500 million over five years to grow in Vietnam and tap opportunities in financial technology (fintech), new mobility solutions and logistics...

Laying the foundations for vehicles of the future

EARLIER in August, Indonesian President Joko Widodo signed a decree to support the electric vehicle sector, noting that production should leverage the raw materials present in the country.

WhiteCoat partners Grab to boost digital healthcare delivery

DIGITAL healthcare provider WhiteCoat has partnered Grab to bolster its medication delivery services via GrabExpress – the ride-hailing firm’s courier and parcel delivery service.

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...