Gojek fields bank pitches amid US$3b funding drive

SINGAPORE - Gojek, Indonesia's most valuable start-up, is choosing an adviser to help with fundraising as it expands rapidly in the competitive South-east Asian ride-hailing industry, people with...

Ascendas Reit accepts letter of offer from JTC for site of Grab's new HQ

ASCENDAS Real Estate Investment Trust (Reit) has accepted a letter of offer from its controlling unitholder JTC Corp for a 30-year leasehold interest for land at one-north that will be developed into...

S.E.A.View: On the road, algorithms aren't everything

One night in Yangon, as I bid goodbye to my friend and his wife after dinner, they widened their eyes in horror when I tried to wave down a passing cab. No, we will get you a Grab taxi, they...

东南亚金融科技业增长快速 Grab和GOJEK料成龙头老大

  美国创投研究机构CB Insights的报告指出,东南亚过去一年来的投资活动非常活跃。数据显示,去年共有68项注资活动,比前一年的54项多。

Gojek raises over US$1 billion as ride-hailing giants beef up their portfolios

THE battle of the ride-hailing giants is maturing from pure price war into a multi-layered fight, say industry watchers, following Gojek's latest fundraising of over US$1 billion.

UOB, Grab kick-start partnership with digital initiatives, customer benefits

RIDE-HAILING giant Grab will now offer UOB Cards privileges directly on its mobile app. This is the first in a series of digital initiatives that UOB and Grab will bring to market this year, as part...

Ascendas Reit Q3 DPU up 0.7%

ASCENDAS Reit on Wednesday posted a 0.7 per cent increase in distribution per unit (DPU) to 3.998 Singapore cents for the third quarter ended Dec 31, 2018, from 3.970 Singapore cents a year ago...

LTA looking at level playing field for ride-hailing and taxi market

RIDE-HAILING players in Singapore may soon find themselves regulated as transport companies rather than tech upstarts under new proposals by the Land Transport Authority (LTA).

LTA aims to streamline rules for taxi firms, private-hire cars

A long-awaited move to impose tighter regulations on private-hire operators is round the corner.

LTA to streamline rules governing taxis, private-hire cars

The Land Transport Authority said it is proposing to license all street-hail and ride-hail operators, "as they provide the same fundamental service of transporting commuters from point to point...