RIDE-HAILING Volanews

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

SINGAPORE RIDE-HAILING Grab

Grab-IMDA partnership aims to help Singaporean startups expand overseas Grab-IMDA partnership encourages global expansion for Singaporean startups, foodpanda embraces contactless delivery in today's afternoon news.

by e27

2020-03-18

INDONESIA RIDE-HAILING GOJEK

Gojek reportedly raises USD 1.2 billion The new investment brings the company’s funds raised in its current financing round to just under USD 3 billion.

by kr-asia

2020-03-18

CHINA RIDE-HAILING Didi Chuxing

Didi sets up USD 10 million relief fund for coronavirus-stricken drivers outside China The fund will provide financial relief to drivers and food delivery couriers in Asia and Latin America.

by kr-asia

2020-03-16

VIETNAM POLICY RIDE-HAILING

Vietnam court asks Grab to shell out $206k for taxi firm Vinasun’s losses The court on Tuesday rejected the appeals by both companies and upheld the first-instance judgment.

by DealStreetAsia

2020-03-12

NIGERIA POLICY RIDE-HAILING

Uber, Bolt To Pay Up To NGN 10 Mn In Fees & Give Up 10% Of Each Trip Since commercial motorbikes and tricycles, including bike-hailing services, were outlawed in some key areas of Nigeria’s commercial nerve, Lagos State, on February 1, the State Government seemed to have turned its attention to providers of cab-hailing services.

by WeeTracker

2020-03-04

CHINA RIDE-HAILING Didi Chuxing

Chinese ride-hailing platform launches taxi service in Chile's capital Nearly 5,000 taxis have joined the program, the company said.

by Xinhuanet

2020-02-28

SINGAPORE RIDE-HAILING Grab

Grab launches accelerator programme in Vietnam Vietnam is the first country where Grab introduced Grab Ventures Ignite (GVI).

by e27

2020-02-28

SINGAPORE RIDE-HAILING Grab

Gojek and Grab said to hold merger talks; Gojek says reports ‘not accurate’ Southeast Asia ’s ride-hailing giants Gojek and Grab are holding discussions about a possible merger

by techinasia

2020-02-26

SINGAPORE RIDE-HAILING Grab

SE Asian ride-hailer Grab raising $856m from Japan’s MUFG, TIS The fund will use the funding to offer lending, insurance and wealth management products and services for Southeast Asian consumers and small and medium-sized enterprises.

by DealStreetAsia

2020-02-26

SINGAPORE RIDE-HAILING Grab

SE Asian giants Gojek, Grab in merger talks: Report Southeast Asia’s largest ride-hailing and food delivery firms Grab and Gojek, both of who command valuations of over $10 billion each, are discussing a potential merge

by DealStreetAsia

2020-02-25

UAE RIDE-HAILING Careem

Careem launches smartphone bicycle rental service in Dubai Riders use a QR scanner and five-digit pin code to unlock a bicycle.

by magnitt

2020-02-24

SINGAPORE RIDE-HAILING Grab

Grab backpedals on plan to cease driver incentives after backlash The move comes after Grab unexpectedly told its driver partners it would replace existing incentive programs with a new government-backed virus aid package

by DealStreetAsia

2020-02-24

MALAYSIA RIDE-HAILING SOCAR

SOCAR raises US$18 million to expand car-sharing platform The startup aims to use the fresh funds to enhance its platform, grow within Malaysia, and expand into new countries by Q4 2020.

by e27

2020-02-21

SINGAPORE RIDE-HAILING Grab

Grab reportedly receives USD 726 million funding from Japan’s MUFG The newly formed partnership aims at offering new financial services through apps.

by kr-asia

2020-02-20