Currently, Ola Dash has as many as 200 dark stores and provides “store to door” delivery within 10 minutes. Go to Source
Author: Tech In Asia Online News
Grab still tops SEA’s food delivery market in 2021: report
Like last year, Grab contributed nearly half of the GMVs that the region’s food delivery market generated in 2021, according to the Momentum Works report. Go to Source
SoftBank-backed Ola Electric nets $200m recharge at $5b valuation
Apart from cars, the company is looking to sell more two-wheelers in categories including bikes. Go to Source
Gojek-backed EV firm 🤝 with battery station maker Gogoro
Gogoro and Electrum will focus on building an infrastructure for two-wheel electric vehicle and battery solutions. Go to Source
🇮🇩 Used-car platform wheels in $42m in round co-led by Sequoia
Moladin will focus on scaling up its core businesses in Indonesia before expanding to other geographies and secondary opportunities. Go to Source
🇮🇳 Roundup: Ola co-founder launches new SaaS startup, and more (Updated)
Also, fintech unicorn BharatPe is set to raise US$150 million at a valuation of US$4 billion, Ola’s electric scooters come under fire, and more. Go to Source
EV startup VinFast to lead $80m round of Israeli battery maker
StoreDot will use the new capital to finish research and development and fuel its efforts to mass-produce fast-charging battery cells by 2024. Go to Source
Didi posts 1.7% drop in Q3 revenue amid China clampdown
This month, Didi’s board also authorized a listing of its class A ordinary shares on the main board of the Hong Kong Stock Exchange. Go to Source
A closer look at Grab’s chain of command
Check out our top articles for the week. Go to Source
Org Chart: The people driving Grab (updated)
In the first installment of our new series, we map out the decision-makers at the top of the Southeast Asian decacorn. Go to Source