ride-hailing

Gojek says it is still planning IPO, but not in near future

INDONESIA'S first startup unicorn Gojek said on Thursday it has no immediate plans to tap public markets, but is still planning a listing with the Indonesian exchange, the IDX, as its primary...

S-E Asia a 'goldmine of untapped opportunity': Grab co-founder

EVEN though South-east Asia remains underserved, solutions that are "copy and paste" from developed markets would not work well here, ride-hailing giant Grab's co-founder Tan Hooi Ling said.

Singaporean's motorcycle taxi app challenging Grab in Manila

[MANILA] A former Singaporean banker's motorcycle taxi app is emerging as a key rival to Grab - and a test case for Manila's resolve in unclogging the world's most congested streets.

New ride-hailing players boost Singapore drivers' earnings, cut fares: NUS study

HEALTHY competition in Singapore’s ride-hailing market has been beneficial to both drivers and riders over the past year, according to research findings by the National University of Singapore (NUS)...

Grab facing off against Tesla taxis in Indonesia

[JAKARTA] In 2015, the shares of Indonesia's largest cab company were soaring, while its revenue reached a record high. Then came Uber, followed by Grab and Gojek, South-east Asia's answer to the...

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...

Grab gets additional US$300m in funding from Invesco

RIDE-HAILING giant Grab has secured US$300 million in additional funding from global independent investment management company Invesco to further its expansion efforts in the region.

Gojek appoints chief data officer as super app rivals zero in on data science

RIDE-HAILING giant Gojek has appointed Sillicon Valley veteran Gautam Kotwal group chief data officer as it beefs up its data science team in Singapore.

Uber names Melbourne as first non-US city for flying car programme

[WASHINGTON] UBER on Tuesday selected Melbourne, Australia, as the first non-US city for its aerial ridesharing service that is expected to launch in 2023, as it unveiled new partners for the...

Grab eyes additional US$2b funding this year: CEO

[SINGAPORE] Grab expects to raise another US$2 billion from strategic investors this year, the CEO of South-east Asia's biggest ride-hailing firm said, just weeks after it announced funding of...

Jakarta move to fix motorbike ride-hailing rates may hurt Grab, Go-Jek

INDONESIAN authorities mandated on Monday that ride-hailing motorcycle service providers will only be able to charge rates within a fixed band, a move that could put hurdles in the expansion plans of...