The company said the move is part of a strategic reorganization of its consumer lending team.
The co-founder will also give up her seat on the company’s board.
The company slashed its adjusted losses in the quarter by 77% year on year, marking its fifth consecutive reduction in quarterly losses.
Dat Bike will provide Gojek driver-partners with its motorbikes to use for GoRide, GoFood, and GoSend orders.
From November 2019 to October 2020, the Philippine Competition Commission issued three separate orders requiring Grab to refund US$436,000 to customers.
AirAsia’s ride-hailing service will also be integrated into the Foodpanda app.
Jatri said its platform has processed over 100 million ticket sales and led to a 15% to 25% increase in daily transactions per bus.
The incentive will be effective from this month until the end of 2023.
The service, only available in selected districts in Bandung, guarantees women passengers extra safety and comfort but it’s more expensive.
Grab logged US$502 million in revenue for Q4 2022 as mobility staged a comeback.
The internet giant has been granted a license to test fully driverless vehicles on public roads in Beijing.
The company is facing delivery and production challenges as well as some supply chain constraints driven by the Covid-19 wave in China.
The company in June last year dropped its service fee from 20% to 10% to help its drivers in Singapore cope with the pandemic.
The Indian firm’s blank-check merger with US-based Innovative International Acquisition Corp. is expected to be completed in the first half of 2023.
Ola’s scooter sales declined from 12,691 in April to 3,351 in August, the lowest figure it reported in the last six months, reported CNBC-TV18.
Yulu has raised US$101.75 million since it was founded in 2017.
Last year, Wanshun Car-Hailing brought in US$721 million in sales from car-hailing services and new energy vehicles.
We analyze the FYE 2021 results of Singapore-based Ninja Van and look at how Glints became the most heavily funded startup in SEA’s talent recruitment space.
06 July , 2023
23 June , 2023
15 June , 2023
13 June , 2023
08 June , 2023
31 May , 2023
Stay Updated on all that's new add noteworthy
Copyright ©2020 Nextpage