The move comes days after Grab said it will raise its current base fare across most of its transport offerings in Singapore for the first time since 2017. Go to Source
Author: Tech In Asia Online News
Thai restaurant management firm nets series B money from Grab investor, others
FoodStory provides dine-in and delivery management services for restaurants, buffets, coffee shops, and food trucks, among others. Go to Source
Tesla sets up center to locally store Chinese user data following backlash
China is the biggest electric-car market in the world, and it has become a battlefield for Tesla and local players such as Nio and Xpeng. Go to Source
Following the GoTo merger, should Grab buy an ecommerce marketplace?
Now that the GoTo merger is finally official, will Grab follow suit and add a full-fledged ecommerce strategy to its super-app ecosystem? Go to Source
Sources: Indian auto marketplace CarTrade to file for $272m IPO
If the listing goes through, it would mark the first auto classifieds service to go public in the country. Go to Source
Didi Chuxing seeks US listing of its grocery delivery arm, source says
Executives of the ride-hailing giant have reportedly told investors that Chengxin Youxuan could go public between next year and 2023. Go to Source
Ola Electric brings in former Geely, Jaguar exec as head of vehicle design
Wayne Burgess has spent almost three decades designing vehicles for companies such as Rolls Royce, Bentley, Aston Martin, Jaguar Land Rover, and Lotus. Go to Source
Mitsubishi, Israeli investment firm team up to look for agrifood tech opportunities
SGX-listed Trendlines also recently announced that it would be seeking a dual listing on Israel’s Tel Aviv Stock Exchange. Go to Source
On the brink of Grab’s landmark public listing, what should founders know about exits?
Watch Qiming Venture Partners’ Helen Wong, Bento’s Chandrima Das, and Catcha Group’s Patrick Grove share the ins and outs of preparing for a successful exit. Go to Source
Report: Baidu to launch driverless ride-hailing service in Beijing
Baidu will operate in western Beijing’s Shougang Industrial Park beginning May 2 with its fleet of 10 driverless vehicles. Go to Source