Does a merger between Grab and Gojek make sense? The short answer is yes. But the more complete answer is, “it depends.” Go to Source
Author: Tech In Asia Online News
Indian mobility startup Zoomcar raises $30m from Sony, others
It’s part of a larger US$100 million series D round. Go to Source
Tencent to broaden overseas investments, target smart retail activities
Of the more than 800 companies currently in Tencent’s investment portfolio, about 70 are listed and roughly 160 are unicorns. Go to Source
SoftBank, Grab in talks for potential investment in Indonesia’s new capital
The potential areas of collaboration include smart cities and green initiatives across Indonesia. Go to Source
Grab launches first cloud kitchen in Singapore amid GrabFood expansion
It plans to open more GrabKitchen locations in the city-state within the first half of the year. Go to Source
Grab officially launches GrabBike pilot in Malaysia
Its rival Gojek is also set to launch a similar service in Malaysia this month. Go to Source
Chinese chauffer ride-hailing platform Caocao launches trial service in Paris
Caocao is one of the Chinese ride-hailers eyeing international expansion amid the intensely competitive and saturated domestic market. Go to Source
Mobike lost more than 200,000 bikes to theft, vandalism this year
It introduced new punishments, such as account freezing and reports to the police, to deal with the problem. Go to Source
Grab, Singtel partner for Singapore digital bank license
The digital bank is set to cater to the financial needs of digital-first consumers and SMEs. Go to Source
Grab faces new fine in the Philippines for overpricing, ride cancellations
Grab has violated its service and pricing commitments, according to the country’s antitrust body. Go to Source