Vietnam ranks third or fourth among Grab’s top markets, company president Ming Maa said. Go to Source
Author: Tech In Asia Online News
In Brief: Shell debuts electric vehicle chargers in Singapore
Shell plans to make more of such low-carbon energy solutions available in Singapore in the following months and years. Go to Source
In brief: Singapore bike-sharing firm Moov applies to expand fleet
It currently operates 1,000 bikes in the western part of Singapore. Go to Source
SG Bike set to acquire Mobike’s Singapore license
SG Bike said the deal will make it the largest bike-sharing operator in Singapore. Go to Source
Carro, the ‘Alibaba for cars’, is growing fast and near breakeven
Carro had a problem in the beginning. It was met with great resistance because it was positioned as a rival to car dealers. That has changed. Go to Source
In brief: India to form new rules for ride-hailing companies, sources say
The rules would address types of allowed vehicles, surge pricing, and safety of women passengers. Go to Source
SoftBank to pour $2b into Indonesia’s digital infrastructure through Grab
Grab will also establish a second headquarters in Jakarta. Go to Source
In brief: Tencent, Alibaba-backed ride-hailing firm T3 Chuxing starts operations
T3 Chuxing’s other backers include retail firm Suning and carmakers Chongqing Changan, Dongfeng Motor Group, and China FAW Group. Go to Source
With zero funding raised, car-sharing marketplace Tribecar is profitable and growing
Tribecar is a Singapore-based marketplace that connects vehicles from car rental firms with hirers. Go to Source
Gojek secures new investment from Mitsubishi in series F round
Gojek plans to use the new funds to help scale its strategy and spur further growth in Southeast Asia. Go to Source