Grab

SINGAPORE (Mar 13): The battle between ride-hailing giants Grab and Uber Technologies for market share in Southeast Asia could draw to a close.

SINGAPORE (Mar 12): The old saying of ‘shape up or ship out’ now rings true among larger organisations as they find their smaller counterparts catching up faster than ever before.

SINGAPORE (Mar 12): Yoma Strategic Holdings along with ride hailing platform Grab have inked an agreement to focus on upgrading the fleet of taxis in Myanmar, together with the provision of vehicle financing for Grab’s driver-partners.

SINGAPORE (Mar 9): Maybank Kim Eng is maintaining its “buy” call on ComfortDelGro with a target price of $2.35.

SINGAPORE (Mar 9): Grab is making its first move to take over the bike-sharing market. It is due to launch GrabCycle Beta by mid-2018 as a digital platform that allows consumers to rent bicycles or scooters from oBike, GBikes, Anywheel and Popscoot.

(Mar 8): Grab, the dominant ride-hailing service in Southeast Asia, is close to finalising a deal to acquire Uber Technologies Inc.’s business in the region and may sign a deal this week or next, according to people familiar with the matter.

SINGAPORE (Feb 21): An IDC study commissioned by Microsoft predicts that digital transformation will add about US$10 billion ($13.2 billion) to Singapore’s gross domestic product (GDP) figures by 2021 with an annual increase in GDP growth rate by 0.6%.

SINGAPORE (Feb 20): RHB is maintaining its “neutral” call on ComfortDelGro with a target price of $1.98.

SINGAPORE (Feb 17): Uber Technologies is seeking to sell its Southeast Asia ride-hailing business to Grab in return for a substantial stake in the company, according to CNBC.

SINGAPORE (Feb 5): Melissa Lim uses a ride-hailing app on her smartphone to book a private-hire car as often as 10 times a week. And, she almost never takes a metered taxi. In fact, even when there is an empty taxi right in front of her, she does not clim