Grab

Broker's Calls

Potential for ComfortDelGro's petrol business to offset declining diesel sales

SINGAPORE (Feb2): OCBC Investment Research is maintaining its “hold” call on ComfortDelGro Corporation (CDG) while raising its fair value to $2.02 from $2.05 previously on higher FY18-21 earnings by 1-3% to factor in petrol sales assumptions to offset

Grab partners Samsung to drive digital inclusion in Southeast Asia

SINGAPORE (Feb 1): Grab and Samsung Electronics today announced that they have signed a multi-year memorandum of understanding (MOU) to drive digital inclusion in Southeast Asia.

Fintech

Asean e-commerce poised for explosive growth on the back of China's tech dragons

SINGAPORE (Jan 31): The entry of Chinese tech giants into the Asean e-commerce scene could see explosive growth for online retailing in the region, according to Credit Suisse research.

Broker's Calls

ComfotDelGro on 'hold' as it kick starts collaboration with Uber

SINGAPORE (Jan 19): CIMB is maintaining its “hold” call on ComfortDelGro (CD) with a target price of $2.15.

Startups, Entrepreneurs, Digital economy

Hyundai and Grab sign strategic partnership deal to expand future mobility services

SEOUL (Jan 11): South Korea's automaker Hyundai Motor Company and ride-hailing app Grab has struck a partnership to expand future mobility services in Southeast Asia.

As 2017 sets, here are my observations about Asia tech: Bloomberg Gadfly

(Dec 28): I'm not feeling quite bold enough to make predictions about 2018. After all, a year ago I didn't get why bitcoin was worth US$1,000 (yeah, I know), or why Pokemon Go was so exciting.

Startups, Entrepreneurs, Digital economy

Uber can’t afford fall of Singapore

(Dec 12): Of all the setbacks during World War II, the one that British Prime Minister Winston Churchill could never really get over was the fall of Singapore. Seventy-five years later, Dara Khosrowshahi shouldn't even want to contemplate the costs o

Singapore economy

Singapore's entrepreneurial scene looks less boring with spate of megadeals

SINGAPORE (Nov 30): Back in 2002, as the city-state was emerging from its worst recession since 1964, the government was getting impatient over the economy's disproportionate reliance on multinationals and a handful of globally competitive state-back

Broker's Calls

ComfortDelGro downgraded as taxi business slows

SINGAPORE (Nov 14): RHB Research is downgrading its call on ComfortDelGro (CDG) to “neutral” from “buy” with a lower target price of $2 from $2.60 previously, on expectations that the sequential decline in the group’s Singapore taxi fleet and hi

Fintech

Grab starts mobile wallet service at local hawker stalls

(Nov 2): Grab, Southeast Asia’s largest ride-hailing app, is kicking off a new digital wallet service in Singapore as it stakes a claim to the region’s burgeoning mobile payments sector.
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