Gojek

RHB maintains ‘buy’ on ComfortDelGro as taxi competition drops  - THE EDGE SINGAPORE

Broker's Calls

RHB maintains 'buy' on ComfortDelGro as taxi competition drops

RHB Group Research raises its target price to $1.90 for CDG after news of the Grab-Gojek merger and pullout of HDT Singapore.

Global Economy

Briefs

This week: Grab & Gojek close in on terms of merger, Aedge launches IPO and more.
Grab, Gojek close in on terms for merger - THE EDGE SINGAPORE

Company in the news

Grab, Gojek close in on terms for merger

SoftBank has been pushing for a deal since its founder and CEO Masayoshi Son visited Indonesia in January.

Tech

SoftBank’s Son presses Grab for truce with rival Gojek

SoftBank Group Corp.’s Masayoshi Son is stepping up pressure on Grab Holdings to work out a ceasefire with rival Gojek.
Relief for ComfortDelGro once Phase 3 begins: RHB - THE EDGE SINGAPORE

Broker's Calls

Relief for ComfortDelGro once Phase 3 begins: RHB

The average daily number of trips for 1-shift taxis is now at approximately 75% of the historical average.

Startups, Entrepreneurs, Digital economy

Where will ride-hailing apps drive towards in a post-Covid-19 world?

Where will ride-hailing apps drive towards in a post-Covid-19 world?
Gojek acquires mobile payments startup Moka for US$130 mil in Indonesia

Deals, joint ventures & alliances

Gojek acquires mobile payments startup Moka for US$130 mil in Indonesia

The transaction, which has been under negotiations since last year, was completed about a month ago, said the people, who asked not to be named because the information is private. It hasn’t been announced publicly.

In print this week

SGX's first DCS listing is a letdown

SINGAPORE (April 17): When the dual-class shares (DCS) structure for Singapore-listed companies was first mooted in 2016, the proposal generated quite a buzz. This came at a time when the Singapore Exchange (SGX), itself suffering from a dearth of major I

Fintech

Singapore third country in the world to launch Google Pay

After the US and India, Singapore is the third country in the world to launch Google Pay following a tie up between the tech giant and local banks.

Company in the news

Masayoshi Son's travel to Jakarta sets tongues wagging on potential Grab and Gojek tie-up

SINGAPORE (March 9): Grab and Gojek could be heading towards some sort of alliance or even a merger, as their backers face pressure to justify the valuations of loss-making tech companies.
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