Grab

Startups, Entrepreneurs, Digital economy

Student-led Protege Ventures grooms future VC, start-up recruits

Protégé Ventures has been a breeding ground for new recruits to be fed into the growing VC and start-up ecosystem.

Startups, Entrepreneurs, Digital economy

Where will ride-hailing apps drive towards in a post-Covid-19 world?

Where will ride-hailing apps drive towards in a post-Covid-19 world?

Broker's Calls

Singpost dragged by postal backlog but elections may provide a temporary reprieve

Singpost has been hit by Covid-19, but the upcoming General Elections could provide a temporary reprieve through the mailing of election documents.

Covid-19

Grab axes 360 employees in latest cost cutting measure, says this will be 'last organization-wide layoff' for the year

In a letter to employees on Tuesday morning, Grab CEO Anthony Tan said that it has become clear that the pandemic will likely result in a prolonged recession, and Grab has to brace for what may be a long recovery period.

Startups, Entrepreneurs, Digital economy

Ninja Van raises $395.4 mil from investors including Grab and Facebook co-founder's B Capital Group

Ninja Van has raised US$279 million (S$395.4 million) from investors including Facebook co-founder Eduardo Saverin's B Capital Group and ride-hailing giant Grab, one of the few startups to score new funding since Covid-19 chilled deal activity.

In print this week

SGX's first DCS listing is a letdown

SINGAPORE (April 17): When the dual-class shares (DCS) structure for Singapore-listed companies was first mooted in 2016, the proposal generated quite a buzz. This came at a time when the Singapore Exchange (SGX), itself suffering from a dearth of major I

Fintech

Singapore third country in the world to launch Google Pay

After the US and India, Singapore is the third country in the world to launch Google Pay following a tie up between the tech giant and local banks.

M&A

Ride-hailing giant Gojek raises US$1.2 bil for clash with Grab

Gojek and Grab are competing well beyond ride-hailing in Southeast Asia, including in meal deliveries. Both aim to become consumers’ default, all-purpose app.

Startups, Entrepreneurs, Digital economy

Grab, IMDA to pilot accelerator programme to help start-ups venture overseas

The pilot of Grab Ventures Ignite (GVI) will focus on high potential start-ups with an aspiration to launch in the Vietnamese market.

Company in the news

Masayoshi Son's travel to Jakarta sets tongues wagging on potential Grab and Gojek tie-up

SINGAPORE (March 9): Grab and Gojek could be heading towards some sort of alliance or even a merger, as their backers face pressure to justify the valuations of loss-making tech companies.
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