Singapore’s biggest taxi operator, ComfortDelgro Corp Ltd, entered into exclusive talks with Uber Technologies Inc for a potential tie-up, it said on Tuesday, in a move that could help Uber in its fight with dominant ride-hailing firm Grab.
The Singapore-based ride-hailing service is getting $2 billion worth of investment from China-based ride-hail player Didi Chuxing and Softbank. The startup also expects to raise an additional $500 million from other investors as part of this round. Provided it closes the additional sum, the company’s valuation would top $6 billion, according to a source familiar with […]
Southeast Asian ride-hailing firm Grab said it raised $750 million in a funding round led by investor SoftBank Group, helping it build a warchest to solidify its leading position in the region and head off competition from Uber. Southeast Asia is fast becoming a key battleground for ride-hailing firms thanks to a burgeoning middle class […]
GrabShack proudly launches its search engine for finding and comparing the best prices on deals. It has been created to solve the problem every consumer faces when ordering online. The problem of “How do I find the best price on a product or a deal? I surely can’t go through every e-commerce website out When […]
Aramex, a leading global provider of comprehensive logistics and transportation solutions has recently invested in last mile mobile-based companies Grab.in and Logisure to strengthen its last-mile delivery service in the category of e-commerce in India. The company has committed to invest Rs 20 crore in Zomato backed last-mile delivery company Grab a Grub, which does on-demand hyperlocal deliveries as well as first […]
If you are feeling more and more overwhelmed as you check your work or personal inbox, you are not alone! It can be difficult to reach the messages that you need the most when your inbox is filled with promotions and spam messages. The issue is that most people aren’t sure why they are receiving […]
Food delivery company Zomato files for a $1.1 billion IPO and its initial investor Info Edge will gain $100 million in the initial public offering.
Google is acquiring 7.7% of India’s fastest-growing internet company Reliance jIo for $4.5 billion.
London based Checkout.com triples its valuation to $5.5billion after raising $150m in Series B funding round.
Softbank led a $19.5 million funding round in Splyt, which helps app operators to integrate and to build its own super app.
The investment will boost Gojek operation and accelerate digital payments adoption among small businesses.
Ride-hailing platform Uber lost USD 2.9 billion in the first quarter of 2020 due to the coronavirus pandemic.