Grab

Startups, Entrepreneurs, Digital economy

Grab replaces UberEATS in Singapore with beta launch of GrabFood app

SINGAPORE (May 28): Grab today announced the beta launch of its GrabFood delivery app in Singapore, with further plans to make the app and its services available in five other Southeast Asian countries – Indonesia, Thailand, Vietnam, Malaysia and the Ph

Startups, Entrepreneurs, Digital economy

Will Go-Jek's expansion into new markets bring back ride-hailing competition?

SINGAPORE (May 24): Go-Jek, the Indonesian-based ride hailing firm, will be investing $500 million in its international expansion strategy, entering four new markets – Vietnam, Thailand, Singapore and the Philippines – within the next few months.

Startups, Entrepreneurs, Digital economy

Grab rivals rush into Philippine gridlock after Deal with Uber

(May 8): A slew of ride-hailing ventures are taking to the gridlocked streets of Manila, undeterred by the market dominance of Grab now that it controls Uber in the Philippines.

Fintech

Singtel to collaborate with Razer on e-payments and gaming

SINGAPORE (May 2): Singtel and Razer have signed a memorandum of understanding (MoU) to work together in the areas of e-payments, e-sports and other gaming-related digital media and telecommunication services in Southeast Asia.

In print this week

ComfortDelGro revving up for disruption waves ahead

SINGAPORE (Apr 27): The future of taxis is an important issue for public transport operator ComfortDelGro. 

Singapore watchdog sets interim terms for Uber-Grab deal

SINGAPORE (Apr 13): Singapore's competition watchdog on Friday outlined a number of interim measures as it continued investigation into ride-hailing firm Grab's decision to buy Uber Technologies' business in the city-state.

Startups, Entrepreneurs, Digital economy

Venture capital market off to a strong start for 2018

SINGAPORE (Apr 11): Venture capital (VC) investment in 2018 had a rousing start, with US$49.3 billion ($64.5 billion) raised across 2,661 deals in 1Q, just shy of the global record for a single quarter, according to KPMG’s quarterly report on global VC

Startups, Entrepreneurs, Digital economy

Singapore regulator says Uber app to delay shutdown amid competition review

SINGAPORE (Apr 6): Singapore's competition watchdog said Uber will delay the ride-hailing app's shutdown in the city-state by a week to April 15.

Broker's Calls

ComfortDelGro outlook remains rosy even as Uber tie-up comes under threat: OCBC

SINGAPORE (Apr 6): OCBC Investment Research is keeping its “buy” call on ComfortDelGro (CDG), while leaving its forecasts and fair value estimate of $2.25 unchanged for now as the Competition Commission of Singapore (CCS) continue to review Uber and G

Startups, Entrepreneurs, Digital economy

Malaysia puts Grab on anti-competition watchlist after Uber stake buy; Philippines studying possible impact of deal

KUALA LUMPUR (Apr 2): Malaysia said on Monday that it will monitor ride-hailing firm Grab for possible anti-competitive behaviour, after rival Uber Technologies offloaded its Southeast Asian operations to the Singapore-based firm.
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