CTOgram currently has 180,000 registered users and more than 1,100 partners providing vehicle services on its platform. Go to Source
Author: Tech In Asia Online News
Grab Vietnam ex-staffers ‘disappointed’ over offer to give up shares
As its US listing nears, Grab is moving to ensure that its ESOP meets Vietnam’s regulations. But some ex-Grabbers consider the payout too low and unfair. Go to Source
Grab’s revenue slips by 9% in Q3 2021 as mobility takes back seat
Meanwhile, Grab’s adjusted operating loss for the third quarter widened by 66% to US$212 million. Go to Source
India Roundup: IPO-bound Ola posts first operating profit, and more (Updated)
Also, SoftBank may sell its stake in Delhivery’s US$1 billion IPO, Coinbase acquires its first Indian startup for over US$40 million, and more. Go to Source
SoftBank China joins $326m round of Taiwanese EV battery maker
ProLogium, which is said to be valued at around US$2 billion to US$3 billion after the new round, is also eyeing a US listing by early 2022. Go to Source
The key numbers driving Oyo’s IPO plans
We look at Oyo’s $1.2b IPO filings and an ecommerce startup that helps merchants sell more on social media platforms Go to Source
China Roundup: Tesla rival Nio expands into Norway, and other news
Also, ByteDance invests in an unmanned industrial vehicle firm, and Chinese tech stocks decline amid a government crackdown on the industry. Go to Source
Grab’s conservative outlook for 2021
We take a look at Grab’s latest sales figures and explore what fresh funding will do for this e-pharmacy startup. Go to Source
Indian used-car marketplace nets $258.6m in new funding
Cars24 has raised fresh investments from DST Asia, Alpha Wave Incubation, Tencent, and others, reported Entrackr. Go to Source
Singapore automotive startup raises nearly $900k in seed funding
Motorist, a former Tech in Asia Pitch Night winner, is setting foot in Thailand while strengthening its presence in Singapore and Malaysia. Go to Source