Grab in talks to merge Indonesian payment firms to overtake Gojek: sources

[JAKARTA] SoftBank-backed ride hailer Grab is in talks to merge OVO, an Indonesian digital payments firm in which it owns shares, with an Ant Financial-backed local peer to build heft and power...

ComfortDelGro ramps up tech in face of mounting competition

SINGAPORE - If you leave something behind in a ComfortDelGro cab, a robot will now help you hunt it down.

Grab couriers: Plans in place to minimise impact on commuters

A growing number of ride-hailing and taxi drivers are expected to take on courier jobs during the off-peak period, but commuters need not worry about this affecting the number of rides available...

Grab to splurge US$150m on AI to build super app

SOUTH-EAST Asian ride-hailing startup Grab Holdings intends to invest US$150 million in artificial intelligence and hiring more engineers over the next year, accelerating an expanding business...

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.