Qiq Global chief operating officer Dalston Pung shares why the company can succeed where others have failed. Go to Source
Author: Tech In Asia Online News
In brief: Ola lands London taxi license, to roll out services by September
The Indian ride-hailer can operate for 15 months before it has to seek renewal. Go to Source
Didi mulls return of carpooling service a year after two passenger deaths
Didi did not provide a timetable on Hitch’s return, but its planned public dialogs on safety improvements will soon be underway. Go to Source
Thai car listing site nets $300k from 500 TukTuks, others in seed round
SiamCarDeal plans to offer more services to car dealerships and enable support for used cars on its platform. Go to Source
In brief: Ola Electric becomes India’s newest unicorn with $250m SoftBank funding
The electric vehicle company also raised about US$57.7 million in March of this year. Go to Source
In brief: Ola to invest in Avail, add microfinance products
The ride-hailing firm is set to join the fintech startup’s series A fundraise as part of a wider strategic partnership. Go to Source
In brief: Toyota to invest $2b to develop electric vehicles in Indonesia
Toyota previously said it aims for half of its global sales to be from electric vehicles by 2025. Go to Source
Grab raises $300m more from Invesco to fuel growth in Southeast Asia
The company plans to “remain laser-focused” on expanding its financial services capabilities and mobility businesses. Go to Source
Blockchain ride-hailing app Tada to integrate with Binance
Tada’s users will soon be able to pay and trade via Binance’s mobile wallet. Go to Source
Ride-hailing startup OnTime to launch in Guangzhou before expansion into Greater Bay Area
The move comes as China’s ride-hailing market heats up after Didi beat Uber out of the country in 2016. Go to Source