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Grab
Disruption and Digitalisation
Super Apps, Asia's new innovation, to change cities, economies
SINGAPORE (Nov 7): The ability to communicate, shop online, order rides, read books, play games, get food delivery and pay for anything within a single, unified smartphone app is Asia’s defining innovation, technology leaders said at Bloomberg’s New E
November 07, 2018
Broker's Calls
Ride-hailing rivalry, goodies unlikely to return to 'good old days'
SINGAPORE (Oct 31): DBS Group Research says the competition and level of subsidies seen during the Grab vs Uber era are unlikely to return.
October 31, 2018
Disruption and Digitalisation
Grab inks prepaid card deal with Mastercard
SINGAPORE (Oct 25): Singapore-based Grab has partnered payments processor Mastercard Inc to issue prepaid cards tailored to Southeast Asian consumers, extending the use of Grab’s digital wallet and helping its unbanked users transact online.
October 25, 2018
Management & Corporate Governance
Uber to appeal competition watchdog decision on Grab deal
SINGAPORE (Oct 22): Uber Technologies Inc has decided to appeal a decision by the Singapore competition regulator that its merger with regional rival Grab violated the city-state’s competition laws, the firm said on Monday.
October 22, 2018
Grab secures investment from Microsoft as it adopts Azure platform's cloud services
(Oct 9): Microsoft Corp will invest an unspecified amount in Grab as the ride-hailing giant adopts the US company’s Azure as its preferred platform for cloud services.
October 09, 2018
In print this week
Singapore's competition watchdog fines Grab and Uber but can fair play resume?
SINGAPORE (Oct 1): Choo was earning up to $5,000 a month when he first started driving for ride-hailing start-up Grab some three years ago. But after a merger between Grab and Uber Technologies in March this year, the 66-year-old, who asked to be identifi
September 30, 2018
Broker's Calls
The worst looks over for taxis
SINGAPORE (Sept 27): Phillip Capital is keeping an “overweight” recommendation on the land transport sector due to positive industry restructuring following the exit of Uber and the worst being over for the taxi industry.
September 27, 2018
Startups, Entrepreneurs, Digital economy
By plowing millions into Uber, Toyota eyes the future of cars
(Sept 27): Toyota Motor Corp, Asia’s biggest carmaker, is preparing for a potential future where people don’t buy cars.
September 27, 2018
Startups, Entrepreneurs, Digital economy
Grab halts late-night car-pooling in Singapore after driver complaints
SINGAPORE (Sept 26): Ride-hailing firm Grab said on Wednesday it would stop offering car-pooling services during late-night hours in Singapore after drivers complained about some passengers being drunk and argumentative.
September 26, 2018
Management & Corporate Governance
Competition watchdog slaps $13 mil fine on Grab, Uber over merger
SINGAPORE (Sept 24): The Competition and Consumer Commission of Singapore (CCCS) has fined Uber and Grab a total of $13 million after the merger of the ride-hailing firms was judged to have led to a “substantial lessening of competition”.
September 24, 2018