img
GoTo shuts down Pune office in India, slashing 30 jobs

The company said the move is part of a strategic reorganization of its consumer lending team.

Read more
img
Tan Hooi Ling to relinquish operations roles at Grab

The co-founder will also give up her seat on the company’s board.

Read more
img
Grab posts $525m in Q1 revenue, eyes profitability by Q4

The company slashed its adjusted losses in the quarter by 77% year on year, marking its fifth consecutive reduction in quarterly losses.

Read more
img
Gojek, Dat Bike partner to roll out two-wheeler EVs in Vietnam

Dat Bike will provide Gojek driver-partners with its motorbikes to use for GoRide, GoFood, and GoSend orders.

Read more
img
Grab ‘surprised’ by $160k fine in PH over user reimbursement failure

From November 2019 to October 2020, the Philippine Competition Commission issued three separate orders requiring Grab to refund US$436,000 to customers.

Read more
img
AirAsia taps Foodpanda for food delivery

AirAsia’s ride-hailing service will also be integrated into the Foodpanda app.

Read more
img
SBK Tech Ventures leads Bangladeshi transport startup’s series A

Jatri said its platform has processed over 100 million ticket sales and led to a 15% to 25% increase in daily transactions per bus.

Read more
img
Indonesia slashes VAT for electric vehicles to 1%

The incentive will be effective from this month until the end of 2023.

Read more
img
GrabCar for Women service in Indonesia draws criticism

The service, only available in selected districts in Bandung, guarantees women passengers extra safety and comfort but it’s more expensive.

Read more
img
Grab aims to hit adjusted EBITDA breakeven sooner than expected

Grab logged US$502 million in revenue for Q4 2022 as mobility staged a comeback.

Read more
img
Baidu looks to add 200 driverless robotaxis in 2023

The internet giant has been granted a license to test fully driverless vehicles on public roads in Beijing.

Read more
img
China’s Nio expects to sell less EVs amid Covid-19 crisis

The company is facing delivery and production challenges as well as some supply chain constraints driven by the Covid-19 wave in China.

Read more
img
Gojek to up service fee in Singapore starting February

The company in June last year dropped its service fee from 20% to 10% to help its drivers in Singapore cope with the pandemic.

Read more
img
Car-sharing firm Zoomcar to go public via SPAC

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.

Read more
img
Ola may cut down at least 500 workers in software teams

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.

Read more
img
Indian EV firm charges up with $82m series B

Yulu has raised US$101.75 million since it was founded in 2017.

Read more
img
Chinese ride hailer Wanshun to list in US via SPAC this year

Last year, Wanshun Car-Hailing brought in US$721 million in sales from car-hailing services and new energy vehicles.

Read more
img
Ninja Van rides SEA ecommerce boom to double annual revenue

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.

Read more
Newsletter

Stay Updated on all that's new add noteworthy

Subscribe Now