Uber CEO Dara Khosrowshahi also shared his sentiment on the Chinese market, saying that it has a “difficult environment with very little transparency.” Go to Source
Author: Tech In Asia Online News
Ex-Grab execs create pill to cure hangovers in Asia
While the product is available in Singapore, a pilot test is currently underway in Malaysia. The company will launch its product in 10 markets by 2022. Go to Source
Here to Grab your attention, again
Check out our top articles for the week. Go to Source
🇮🇳 Roundup: Ola raises $139m ahead of IPO, more
Also, Delhivery acquires a US-based drone startup, and Razorpay launches a host of products for SMEs. Go to Source
🇮🇳 Roundup: Ola Electric raises $52m in Temasek-led round, and more
Also, IPO-bound Snapdeal is looking to tap the offline space early next year. Go to Source
Did you expect anything but more Grab news?
We look at the future of Grab’s share price and a South Korean online lending firm’s series C round. Go to Source
Grab shares may drop further as more stocks flood the market
There’s still 2.6 billion shares, worth roughly US$23 billion as of current prices, that will be released to the public by June next year. Go to Source
Zoomcar drives into Vietnam’s car rental market
The car rental startup has appointed Kiet Pham, who previously held senior management positions in Gojek and Oyo, as the country head in Vietnam. Go to Source
China tells Didi to craft US delisting plan: sources
This comes months after the ride-hailing firm raised US$4.4 billion in its New York Stock Exchange debut. Go to Source
China Roundup: Self-driving truck maker bags millions in funding, and other news
Also, Hisense may spend US$1 billion to acquire a Siemens unit, and US-based EV firm Lucid Motos is set to build plants in China. Go to Source