Tech In Asia Online News – Page 32 – I wish I had more to offer

SG competition watchdog opens Grab, Trans-cab merger for public comments

A section of Singapore’s Competition Act 2004 prohibits mergers that may substantially lessen competition in any market in the country. Go to Source

GPay Network, the entity behind Grab’s payments unit GrabPay, generated a 33% year-on-year increase in operating costs. Go to Source

Check out our top articles for the week. Go to Source

In Q2 2023, Uber made a GAAP operating profit for the first time. Go to Source

We dive into Grab’s planned acquisition of Trans-cab and look at social media app Bondee’s new CEO. Go to Source

The Tiger Global-backed company’s layoff comes amid a slowdown in post-pandemic demand for used cars. Go to Source

The move reduces Ola’s valuation to roughly US$3.5 billion. Go to Source

By doing this, they can benefit from Korea’s free-trade agreement with the US and potential tariff reductions. Go to Source

In March, Ola sold about 21,400 electric scooters. Go to Source

Volkswagen plans to launch two new battery-powered models with Xpeng in China by 2026. Go to Source