Didi is looking to officially launch its food delivery service in Japan in April. Go to Source
Author: Tech In Asia Online News
Grab raises over $850m from MUFG, TIS to expand its financial services
The Japanese bank will pour in up to US$706 million, while TIS will invest US$150 million. Go to Source
GoFood partners with Digitaraya, Kopi Kenangan CEO to launch food accelerator
Digitarasa aims to find the most promising startups and SMEs in the culinary industry. Go to Source
Grab cancels cash advance scheme for drivers over regulatory concerns
The move comes around three months after it caught the attention of Singapore’s Ministry of Law. Go to Source
Thai bank Krungsri to take part in MUFG’s investment deal with Grab
It’s looking to create new banking business opportunities on Grab’s digital platform. Go to Source
Gojek confirms minority stake buy in taxi firm Blue Bird
The ride-hailing giant said it aims to scale its payments and transportation businesses in Indonesia through the deal. Go to Source
Malaysian car-sharing app Socar banks $18m in series A money
It’s now looking to expand into new countries, including Indonesia. Go to Source
CEO of SoftBank-backed SoCar acquitted over ride-hailing app Tada
Korea-based SoCar were faced with allegations that its ride-hailing service Tada breaks local transportation laws. Go to Source
Grab scales up advertising amid ride-hailing, food delivery boom
As the ride-hailing and food delivery business thrives, Grab is leveraging its growing user base to build yet another ancillary business in GrabAds. Go to Source
GrabWheels banks $30m to drive two-wheel EV adoption in Southeast Asia
The funding is part of GrabWheels’ ongoing series A round. Go to Source