It just bagged US$10 million series A. Go to Source
Author: Tech In Asia Online News
Ex-Uber and Ofo exec leaps into bespoke skincare
Find out why she made the jump from transportation into an entirely different industry. Go to Source
In brief: Go-Jek in talks with Garuda for logistics support
The two companies expect to finalize the agreement in the next few months. Go to Source
In brief: Ofo lays off operations team in Singapore without compensation
The company didn’t explain the reasons behind the move. Go to Source
In brief: Tencent is investing a lot in cars right now
WeChat maker has four-wheel fever. Go to Source
In brief: Didi driver sentenced to death by Chinese court
The Didi driver had assaulted and killed a female passenger last August. Go to Source
In brief: Ola’s losses narrow, while revenue grows 61%
In a battle for dominance against rival Uber, Ola had previously registered losses of US$736.2 million. Go to Source
Confirmed: Google, JD, and Tencent lead first close of Go-Jek’s series F round
Go-Jek claims to have seen more than $9 billion of annualized gross transaction value in 2018. Go to Source
Almost 30% of Go-Jek, 5% of Grab e-hails in Indonesia are fraudulent, study claims
Grab claims it has got the figure down to less than one percent. Go to Source
In brief: ‘Tesla of China’ raises $650m in convertible bond
Shanghai-based electric carmaker Nio will use the proceeds for research and development, sales and marketing, and manufacturing facilities development. Go to Source