Grab

Startups, Entrepreneurs, Digital economy

Indonesia says Go-Jek, Grab need to register as transport businesses

JAKARTA (April 2): Ride-hailing companies Go-Jek and Grab must register in Indonesia as transport companies within two months to ensure they meet safety requirements as a public transport provider, Indonesia’s transport minister said on Monday.

State of the City

Uber’s sale of Southeast Asia operations to Grab leaves drivers, riders at a loss

SINGAPORE (Apr 2): The 500 Uber employees who turned up for work at the company’s Singapore offices on March 26 received a rude shock: They had till 4pm to pack up and leave. The ride-hailing giant’s sale of its Southeast Asia operations to its rival

Startups, Entrepreneurs, Digital economy

Singapore watchdog says Uber-Grab deal may have infringed competition

SINGAPORE (Mar 30): Singapore's competition watchdog said it had reasonable grounds to suspect competition had been infringed by Uber Technologies Inc's deal to sell its operations in Southeast Asia to rival ride-hailing firm Grab.

Startups, Entrepreneurs, Digital economy

Grab vanquishes Uber with local strategy, billions from SoftBank

SINGAPORE (Mar 27): As Uber Technologies Inc. looked to conquer ride-sharing around the world, Grab was focused on serving the 620 million people that share its home in Southeast Asia.

Broker's Calls

Would it be respite or wreckage for ComfortDelGro as Grab acquires Uber's Southeast Asia business?

SINGAPORE (Mar 26): ComfortDelGro Corporation’s long-drawn plan to strike a strategic alliance with Uber Technologies could now be in limbo.

M&A

Grab confirms acquisition of Uber's Southeast Asia operations; Uber CEO Khosrowshahi to join Grab's board

SINGAPORE (Mar 26): Grab confirmed it will be acquiring Uber’s Southeast Asia operations.

M&A

Uber reportedly agrees to sell Southeast Asia business to Grab after costly battle

SINGAPORE (Mar 25): Ride-hailing firm Uber Technologies has agreed to sell its Southeast Asian business to bigger regional rival Grab, a source with direct knowledge of the matter said on Sunday, in what would be the US company's second retreat from A

Sector Focus

Regulatory changes expected to drive earnings for Singapore's land transport sector

SINGAPORE (Mar 22): Phillip Capital is maintaining an “overweight” for Singapore’s land transport sector on regulatory reviews and changes with ComfortDelGro (CDG) its top “buy” pick with a $2.50 target.

Grab launches lending services and insurance products

SINGAPORE (March 13): Ride-hailing operator Grab is growing its share in the competitive Southeast Asian financial market. The start-up today announced a partnership with Credit Saison, Japan’s largest credit card company, to provide loans and lending s
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