Tech In Asia Online News – Page 52 – I wish I had more to offer

Ping An leads $70m series D round for Indian car marketplace CarDekho

With the new funds, CarDekho looks to bolster its domestic and international presence. Go to Source

Huawei files suit against FCC over rural carriers decision

The US agency passed an order to ban carriers in rural America from using a government fund to buy Huawei gear. Go to Source

Blockchain-based ride-hailing service Tada bags $5m in series A round

It plans to continue expanding within its current markets, further develop its mobility ecosystem, and build new products and services. Go to Source

Korean ride-hailing service Tada to face court hearing over regulatory issues

Tada, operated by SoCar subsidiary VCNC, is facing allegations that its operations break local transportation law. Go to Source

Ola reorganizes business, cuts staff ahead of planned IPO, sources say

It is laying off up to 8% of its staff as part of a wider reorganization plan, sources said. Go to Source

Grab to pilot motorbike-hailing service in Malaysia

The move comes closely after rival Gojek received approval to start limited operations in the country next year. Go to Source

SG Bike completes $1.9m takeover of Mobike fleet, offers free rides

Singapore’s SG Bike says it is the country’s largest bike-sharing operator after completing its acquisition of Mobike’s local fleet today. In March, it was revealed that Chinese bike-sharing giant Mobike would pull out of the Lion City to focus its efforts on other markets. The company later said it was exploring options to transfer its… Continue reading SG Bike completes $1.9m takeover of Mobike fleet, offers free rides

Author: Tech In Asia Online News