RIDE-HAILING Volanews

Gojek In Advanced Discussions With Tokopedia Over $18B Merger, IPO Indonesia’s ride-hailing and payments giant Gojek is in advanced discussions about merging with local e-commerce pioneer PT Tokopedia, ahead of a planned initial public offering of the combined entity, according to people with knowledge of the matter.

by Bloomberg

2021-01-05

INDIA POLICY UBER

Indian Govt Caps Uber, Ola Surge Pricing; Issues Fresh Guidelines Surge prices cannot be 50% more than the base fare, and the aggregator cannot reduce prices 50% below the base fare.

by DealStreetAsia

2020-11-30

SINGAPORE GIANT Grab

Singapore’s Competition Watchdog Lifts Restrictions on Grab Grab said it will roll out the platform fee “in the next few months”. The company plans to use the money to double down on safety measures such as driver training and insurance.

by KrAsia

2020-11-23

VIETNAM GIANT Grab Vietnam

Vietnam’s Taxi Associations File Complaint over Unfair Competition against Grab The taxi associations though claimed that Grab, the company, should be classified as “auto transport business,” which it is not at the moment, and therefore operating illegally.

by KrAsia

2020-11-20

CHINA GIANTS Didi Chuxing

Chinese Didi And BYD Unveil World's First Tailor-Made Ride-Hailing Vehicle D1, as the new car named, is designed for the 550 million passengers and more than 10 million drivers on Didi's transportation platform.

by ChinaDaily

2020-11-17

CHINA Startups Dida Chuxing

Chinese Carpooling Platform Dida Beats Frontrunner Didi Chuxing to IPO Filing Dida runs an app allowing car owners to offer vacant seats to passengers with similar travel itineraries, allowing both to cut travel expenses.

by KrAsia

2020-10-10

VIETNAM Startups EMDDI

EMDDI Raises Funding to Allow Users to Connect to 30K Taxis Across Vietnam on A Single Platform EMDDI also supplies vehicle for third-parties such as VNPAY, ViettelPay, Momo, mobile banking apps and other ride-hailing apps.

by e27

2020-09-17

INDONESIA GIANT GOJEK

Indonesian gojek Acquires WePay to Expand Its E-Wallet Businessinto Vietnam: Report WePay is an online payments services provider, which claims to have a partnership with 24 local banks, 1,000 merchants and four international card issuers.

by e27

2020-09-15

INDIA Startups BluSmart

Indian Electric Ride-Hailing Platform BluSmart Raises $7M from Multiple Investors BluSmart will utilise the funding to expand the number of cars on the platform, set up more charging infrastructure, improve its technology, and expand the geographical reach.

by YourStory

2020-09-08

CHINA GIANT Didi Chuxing

China Ride-Hailing Giant Didi Launches Services in Russia Didi’s wholly-owned subsidiary Didi Russia will run the operations in Tatarstan, home to Russia’s largest IT park.

by KrAsia

2020-08-26

SINGAPORE Startups TADA

Singapore's Blockchain-Based Ride-Hailing Firm TADA Raises US$5M to Manufacture E-Vehicles for SEA Market MVL aims to accelerate its plan to supply electric vehicles in Southeast Asia, setting its sights to distribute and sell an estimate of 10,000 E-TukTuks by 2021 in Cambodia.

by e27

2020-08-07

SINGAPORE GIANT Grab

Singapore's Grab Is Raising US$200M at A US$14.3B Valuation from South Korean Private Equity Firm Despite a layoff caused by the pandemic's effect on the business, the funding round indicated that investors continue to pour in support to the tech giant.

by e27

2020-08-04

VIETNAM Startups beGroup

Vietnam’s beGroup Partners Comfortdelgro’s Local Unit to Launch Betaxi beGroup said, in a statement, the new service will help facilitate the transportation needs in peak hours when customers usually face a low possibility of successfully booking rides.

by DealStreetAsia

2020-08-03

SINGAPORE GIANT Grab

Singapore's Grab Looks to Charge A Platform Fee for All Rides in Singapore Grab aims to put in place following CCCS approval include doubling the personal accident insurance for both rider and driver from US$10,000 to US$20,000.

by techinasia

2020-07-29

CHINA GIANT DIDI

Didi Partners with China’s Central Bank on Digital Currency Research And Development Didi's DCEP task force will design and implement pilot DCEP projects in accordance with rigorous safety, security, and governance standards

by KrAsia

2020-07-10

AFRICA Startups RIDE-HAILING

Bolt, the Uber rival, Raises €100m to Expand Its Product Segments in Europe & Africa Bolt currently operates its ride-hailing services in more than 150 cities across Europe and Africa.

by TechMoran

2020-05-27

SINGAPORE Startups RIDE-HAILING

SG‘s TADA Raises Series A Funding Round Extension Led by South Korea's Shinhan Bank The extension follows a US$5 million Series A funding announcement TADA made in December 2019.

by e27

2020-05-22

INDONESIA RIDE-HAILING GOJEK

gojek’s senior management donates 25 per cent of annual salary to pandemic affected partners The capital in the support fund will come from 25 per cent of the senior management and co- CEOs’ annual salary

by e27

2020-03-25

Algeria RIDE-HAILING Yassir

Yassir becomes first Algerian startup to get Y Combinator’s backing, aims to become super-app for French-speaking Africa The startup was part of Y Combinator’s Winter 2020 batch and graduated from it earlier this week.

by MENAbytes

2020-03-20

INDONESIA RIDE-HAILING GOJEK

gojek reportedly lays off employees: report gojek has reportedly laid off employees in the mid to lower level positions, as the Indonesian ride-hailing giant continues to focus on efficiency and profitability

by e27

2020-03-19