It might also no longer be able to provide drivers with extra financial support if Singapore’s circuit breaker restrictions are extended. Go to Source
Author: Tech In Asia Online News
Grab set to make ‘tough decisions and trade-offs’ amid Covid-19 outbreak
It plans to right-size its costs and manage capital more efficiently to weather the storm. Go to Source
A closer look at Grab’s efforts to serve up the ideal food delivery ecosystem
The machinations that deliver your meals. Go to Source
Grab brings Vietnam-focused accelerator to Singapore
Grab Ventures Ignite will focus on Singapore-based startups looking to expand into Vietnam. Go to Source
Gojek raises US$1.2b to take on Grab
The identity of the investors has not been disclosed. Go to Source
Why did Grab buy a robo-advisor few people know about?
Bento could be the beginning of a shopping spree that’ll see Grab and Singapore’s other digibank aspirants rounding out their offerings. Go to Source
Used cars marketplace Spinny bags $43.7m in series B money
The funding round reportedly brought the India-based startup’s post-money valuation to about US$150 million. Go to Source
Ride-hailing app earlier funded by Sea targets $7m in Octava-led round
Ryde reportedly hit US$21.5 million in gross merchandise volume and US$2.15 million in revenue last year. Go to Source
Grab unveils Vietnam-focused accelerator program
Five early-stage startups from the country will receive an investment of US$150,000 from Grab and Gobi Partners as part of the program. Go to Source
Self-driving startup Pony.ai snaps up $462m from Toyota, others
The new funding round brings Pony.ai’s valuation to over US$3 billion. Go to Source