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

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.

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.

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.

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.

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

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.

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.

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.

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”.
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