Could emerging competitors with their new commission models pose a threat to Grab’s dominant position, or is the listed company’s top spot secure? Go to Source
Author: Tech In Asia Online News
‘India’s Detroit’ to pursue Tesla aggressively for EV investment opportunity
Tamil Nadu hopes to add Tesla as one of the carmakers setting up shop in its automotive hub in India, Bloomberg noted. Go to Source
Toyota Ventures bookmarks $300m for global startup investments
This brings the VC firm’s total managed assets to over US$800 million. Go to Source
Ninja Van goes beyond ecommerce to drive growth
We explore Ninja Van’s FY 2023 earnings and its path ahead, and check out a startup that’s producing alternatives to antibiotics. Go to Source
Ola exits 3 global markets ahead of IPO
The Indian ride-hailer will end its operations in the UK, Australia, and New Zealand, TechCrunch noted. Go to Source
Grab to phase out GrabPay Card services in June
The company has stopped accepting new GrabPay Card applications since April 1. Go to Source
These ex-Grab, Peak XV execs want to help founders find ‘fractional’ CMOs
The three have founded a company called Fractional, which matches startups with highly experienced CMOs on a short-term or part-time basis. Go to Source
How Tokyo is driving a new era of innovation for startups
From its inception to its current initiatives, here’s a look at how Tokyo Innovation Base is set to spur innovation in Japan. Go to Source
Ola’s secret to success? Work hard, shop hard
Check out our top articles for the week. Go to Source
Meituan’s profitability improves, revenues drive forward
The Chinese food delivery firm’s operating profit reached US$1.9 billion in 2023, recovering from a loss of about US$805 million in the year prior. Go to Source