Grab issues statement regarding lawsuit in Vietnam; calls plantiff Vinasun “anti-competitive”
Vinasun is Vietnam’s dominant taxi operator Two days ago, Vietnam’s...
South Korea’s car-sharing startup SoCar drives into Malaysia
In 2015, SoCar raised US$18 million in funding, led by US investor Bain...
SoftBank is very close to acquiring a large stake in Uber
SoftBank is set to purchase US$1 billion of fresh stocks from Uber Japanese...
Uber’s first employee in Asia, Vidit Agrawal, joins Singapore car marketplace Carro as COO
Vidit Agrawal said that he wants to “go back to building companies”...
Uber in talks with Singapore cab operator ComfortDelGro to form “strategic alliance”
ComfortDelGro has not made any specific commitments but could potentially bring...
Uber knowingly rented fire-prone Honda Vezels to Singapore drivers: WSJ
This Honda Vezel model was recalled last year due to a faulty electrical...
$47 billion has been invested into ridesharing startups — here are 10 other things that money could buy
When the ride-sharing industry emerged in 2007, few would have believed it...
Grab closes US$2B round from DiDi and SoftBank; aims to raise US$500M more
Rumours of this new financing have been swirling since March After months of...
Are dedicated carpooling apps doomed to fail?
Ride-hailing giants such as Grab and Uber already have carpooling features. Can...
Uber rival Careem closes $500M raise at $1B+ valuation as Daimler steps in
Amid ongoing struggles at Uber, one of its stronger regional rivals in...