Tech in Asia obtains the Indonesian firm’s financial data that sheds light on how it calculates its key metric. Go to Source
Author: Tech In Asia Online News
Malaysia’s GHL enables GrabPay QR payments
GrabPay will have access to GHL’s 70,000 merchant payment touchpoints in the country. Go to Source
Honestbee rejected an offer from Grab; new deal between them “unlikely”
Honestbee has been in talks with Grab for a potential investment or acquisition. Go to Source
Grab to integrate Ninja Van services through strategic partnership
The move creates Southeast Asia’s widest logistics network to date. Go to Source
In brief: Didi’s taxi-hailing JV is expanding to 13 cities in Japan
Didi Mobility Japan has started offering its services in Tokyo and Kyoto today. Go to Source
In brief: Ofo loses license to operate in Singapore
The Chinese bike-sharing startup’s license has reportedly been terminated for review as of February this year. Go to Source
In brief: Didi gives glimpse of its subsidy spending and cost structure
The online post from a senior exec appeared to be an effort at countering criticism of Didi’s cash-burning business model. Go to Source
Telepod partners Foodpanda, Buzz to create e-scooter battery network
The SMRT-backed startup claims its “quick-swap” battery technology is a game changer for food delivery drivers. Go to Source
There’s too much cynicism about Grab and Go-Jek
Let’s pause the Grab and Go-Jek bashing for a moment and examine them for what they are. Go to Source
In brief: Ola founder at odds with SoftBank over Uber, sources say
Bhavish Aggarwal is tapping other investors out of concern that the Japanese tech giant may try to force a merger with archrival Uber. Go to Source