Business News
E-Commerce, Ridehailing led Southeast Asia’s $100 billion Internet Economy in 2019
Online travel and digital payments are on the rise as well, a joint study by Google, Temasek and Bain & Co showed
ride-hailing
Business News
China’s Didi Chuxing Steps up Expansion in Japan
The expansion will encourage local residents and visitors to experience Japan's taxi service in a new way
By Nidhi Singh
Business News
How Japan’s Largest Online Retailer Became Richer By $990 Million After Lyft’s IPO
The biggest ride-hail service in the US, after Uber, priced its initial public offering at $72 per share, with a $24 billion valuation
By Pooja Singh
Business News
Why Uber is Buying its Middle East Rival Careem for $3.1 Billion
The move has come after Uber recorded heavy losses last year ahead of its plans for an initial public offering
Business News
Friday Flashback: : Xiaomi Sold Record 118.7 Million Smartphones in 2018
Know what happened in the APAC region over the past week
By Nidhi Singh
Business News
Grab Now Enters Southeast Asia’s SME Lending and Micro-Insurance Space
The entry puts Grab Financial in a strong position in financial services, as the group seeks to bring more possibilities to micro-entrepreneurs and small businesses
By Nidhi Singh
Business News
The Investment Spree In Ride-hailing Space Is Just Getting Started
Go-Jek's arch-rival Grab has set a new benchmark in scaling investments
By Nidhi Singh
Business News
Indonesian Ride-hailing Giant Go-Jek Picks Up $100 Million Funding From Astra International
The strategic partnership will maximize Indonesia's potential to continue to be at the forefront of Southeast Asia's digital transformation
By Nidhi Singh
Business News
Indonesia Toughens its Ride-hailing Laws with Standardized Rates
The ministry has decided to address woes of drivers with fixed rates in the ride-hailing industry
Business News
Go-Jek Grabs Singapore After the Philippines’ Rejection
The Indonesian company is expanding rapidly in Singapore that is home to its arch-rival Grab
Business News
Tokyo Century Infuses Additional Funds In Grab
The strategic partnership will result in overseas expansion of Tokyo Century's automobile business and Grab would now offer new leasing and car rental options
By Nidhi Singh
Business News
Why China’s Didi is Trying to Become a Fintech Giant
The ride-hailing company has rolled out a range of financial and insurance services
By Pooja Singh
Business News
Friday Flashback: Tencent Music Targets Spotify by Debuting on NYSE
Know what happened in the APAC region over the past week
By Nidhi Singh
Business News
Grab, Yamaha Seal Partnership to Bring Next-Gen Mobility Services In Southeast Asia
The Japanese motorcycle maker also aims to leverage Grab's customer base in the region
By Nidhi Singh
Business News
Here’s What Made Microsoft Invest In Ride-hailing Giant Grab
The five-year collaboration will transform the delivery of digital services and mobility in the Southeast Asia
By Nidhi Singh
Business News
Grab is Riding its Way into Southeast Asia With a $500 Million Investment
Grab has raised more than $6 billion in funding this year, with the latest rounds of funding from Chinese ride-hailing firm Didi Chuxing and Toyota Motor Corp
Business News
Indonesia’s Go-Jek Goes Live in Hanoi Amid Expansion Drive
Go-Viet has begun its expansion to Southeast Asia with the current presence in two major cities of Vietnam
By Nidhi Singh
Business News
The King of Ride-Hailing: SoftBank Invests in Another Leading Car-rental Platform
GetAround raises $300 million in Series D round