Gross Merchandise Value (“GMV”) reached a new quarterly record of $4.0 billion, up 32% year-over-year (“YoY”) in spite of a challenging operating environment Deliveries GMV grew 63% YoY; Grab expects a strong recovery in mobility heading into Q4 2021 Average spend per user [1] on Grab’s platform grew 43% YoY to hit a record high… Continue reading Grab Reports Third Quarter 2021 Results
Category: Mobility Companies
November 4, 2021 Keoride On Demand Transport celebrates its four-year anniversary and introduces new fully accessible vehicles in the Northern Be…
November 4, 2021 Keoride On Demand Transport celebrates its four-year anniversary and introduces new fully accessible vehicles in the Northern Beaches The most successful On Demand Public Transport trial in Australia becomes an integral part of the bus services in the Northern Beaches and Lower North Shore as it reaches its four-year milestone Four new… Continue reading November 4, 2021 Keoride On Demand Transport celebrates its four-year anniversary and introduces new fully accessible vehicles in the Northern Be…
November 3, 2021 Via launches On-demand Planning, now offering the world’s first end-to-end software platform for transit planning On-demand…
November 3, 2021 Via launches On-demand Planning, now offering the world’s first end-to-end software platform for transit planning On-demand Planning is the first product launch after Via’s acquisition of Remix, and will allow cities to use data to plan efficient and equitable transportation networks, including both on-demand and fixed-route November 3, 2021 (NEW YORK) ––… Continue reading November 3, 2021 Via launches On-demand Planning, now offering the world’s first end-to-end software platform for transit planning On-demand…
Uber: Uber Announces Results for Third Quarter 2021
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended September 30, 2021. Financial Highlights for Third Quarter 2021 Gross Bookings grew 57% year-over-year (“YoY”) to $23.1 billion, or 53% on a constant currency basis, with Mobility Gross Bookings of $9.9 billion (+67% YoY) and Delivery Gross Bookings of $12.8… Continue reading Uber: Uber Announces Results for Third Quarter 2021
Grab Financial Group expands ‘Grow with Grab’ initiative to empower SMBs to ride the e-commerce wave in Southeast Asia
SINGAPORE, 21 Oct 2021 – Grab Financial Group (GFG), a leading Southeast Asian fintech platform, today announced the expansion of its ‘Grow with Grab’ suite of products and features to empower small and medium businesses (SMBs) across Southeast Asia to tap on the regional e-commerce market opportunity that is expected to be valued at US$172… Continue reading Grab Financial Group expands ‘Grow with Grab’ initiative to empower SMBs to ride the e-commerce wave in Southeast Asia
Grab Partners Citi to Enable Seamless Conversion of Citi ThankYou Points and Citi Miles to GrabRewards Points, Creating Greater Value for Consumers
Grab and Citi are providing Citi cardmembers in Singapore with more options to maximise the value of their Citi ThankYou Points or Citi Miles. New tie-up offers Citi credit card customers greater flexibility and convenience in redeeming Citi ThankYou Points or Citi Miles for GrabRewards points SINGAPORE, 20 October 2021 – Grab, a leading superapp… Continue reading Grab Partners Citi to Enable Seamless Conversion of Citi ThankYou Points and Citi Miles to GrabRewards Points, Creating Greater Value for Consumers
Grab Partners APSN to Provide Training and Employment Opportunities to Students with Special Needs
Grab to partner with APSN’s post-secondary special education school, APSN Delta Senior School, to ready its students with mild intellectual disability (MID) with adequate skills to succeed in the food delivery sector (left) Stanley Tang, Chief Executive Officer, APSN and (right) Ngiam Xin Wei, Managing Director for Deliveries, Grab Singapore at the MOU signing ceremony… Continue reading Grab Partners APSN to Provide Training and Employment Opportunities to Students with Special Needs
Uber: Cheers! Uber Completes Acquisition of Drizly
SAN FRANCISCO & BOSTON–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that it has completed its acquisition of Drizly and that the two companies will begin integrating their complementary delivery apps and services. The purchase consideration was approximately $1.1 billion, consisting of approximately 18.7 million newly issued shares of Uber common stock plus cash. To… Continue reading Uber: Cheers! Uber Completes Acquisition of Drizly
Uber: Uber Announces Date of Third Quarter 2021 Results Conference Call
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its third quarter 2021 financial results on Thursday, November 4, 2021 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber’s Investor Relations website at… Continue reading Uber: Uber Announces Date of Third Quarter 2021 Results Conference Call
October 4, 2021 Cheshire East to launch ‘on-demand’ rural bus service
October 4, 2021 Cheshire East to launch ‘on-demand’ rural bus service October 4, 2021 (Cheshire, UK) — Cheshire East is partnering with Via, the leader in TransitTech, to launch an on-demand rural bus service to help reduce social isolation in some of the more remote parts of the borough and complement existing public transit in… Continue reading October 4, 2021 Cheshire East to launch ‘on-demand’ rural bus service