In 50 Words: This is said to be one of the many sustainable transportation development projects being discussed by both parties. Go to Source
Author: Tech In Asia Online News
Meituan confirms not buying Foodpanda, Grab’s shares may stabilize
In 50 Words: Shares of Grab recently declined by 10% amid the acquisition rumors. Go to Source
Didi Chuxing blames massive ‘system failure’ for service disruption
In 50 Words: While the Chinese firm said it has fixed all ride-hailing issues, its bike-sharing service hasn’t been fully restored. Go to Source
Platform services for brands drive Zalora into the black
In 50 Words: In 2022, 2.9 million shoppers purchased at least one item from Zalora, translating to US$451 million in net merchandise value. Go to Source
Grab and GoTo: a tale of two diverging fintech strategies
Check out our top articles for the week. Go to Source
In 50 Words: Decoding the GoTo vs Grab fintech playbook
While GoTo has launched four new lending and payment services products, Grab has shut down one. Go to Source
This flow battery startup is powering an island – and a greener future
As Singapore gears up for clean energy, VFlowTech wants to take the lead with its long-duration energy storage solutions. Go to Source
In 50 Words: Ant, Grab, StraitsX to jointly explore use of purpose-bound money
GrabPay merchants will be able to accept PBM-enabled payments using Alipay+ solutions, with XSGD as the underlying digital currency. Go to Source
In 50 Words: Hyundai to be first car brand selling vehicles on Amazon’s US platform
The Korean automobile firm will also start installing Alexa into its vehicles in 2025. Go to Source
GoTo vs. Grab: How different are their fintech strategies?
In The Top Up this week, we dive into the fintech businesses of GoTo and Grab and look at key players like Airwallex in the B2B payments space. Go to Source