transport

Indonesian Uber rival Go-Jek closes in on new $1.2 billion round

 Go-Jek, the on-demand transportation company that rivals Uber and Grab in Indonesia, is getting close to pulling in its next huge funding round. That’s because JD.com, the China-based e-commerce firm that rivals Alibaba, has agreed to join Go-Jek’s upcoming $1.2 billion round, a source with knowledge of discussions told TechCrunch. The news was first reported by The Information.… Read More

Grab is investing $100M to shut Uber out of fast-growing Myanmar

 Grab is going all out to win the nascent ride-hailing market in Myanmar after it committed to investing $100 million into the Southeast Asian country over the next three years. Myanmar might just be the world’s most fascinating internet market. Internet access had been heavily restricted when the country was fully controlled by the military, but it opened up following the free elections… Read More

Uber suspends its service in the Philippines following ban over unregistered drivers

 Uber has suspended its services in Philippines after the national regulator banned it from operating for one month. The country’s Land Transportation Franchising and Regulatory Board (LTFRB) ordered a cease and desist against the U.S. ride-hailing firm on Monday over its apparent flouting of a ban on new drivers. The company initially lodged an appeal and continued with its service,… Read More

FlySpaces, an Airbnb for office space in Southeast Asia, raises $2.1M

 Now is a good time to be in the co-working industry in Southeast Asia, it seems. Barely days after WeWork announced plans to enter the region, which is home to over 600 million people, through the acquisition of Singapore startup Spacemob, now a company that operates like an Airbnb for office space rentals has raised money. FlySpaces, a startup headquartered in the Philippines, raised $2.1… Read More

Uber knowingly leased recalled vehicles to its drivers in Singapore

 Uber is in the spotlight for shady operations once again after a report revealed that the U.S. ride-hailing giant knowingly leased cars that were subject to a recall to drivers in Singapore. A Wall Street Journal report exposed the events which took place in 2016 and centered around the Honda Vezel, one of a number of vehicles that Uber purchased and then made available for drivers to lease… Read More

Uber knowingly leased recalled vehicles to its drivers in Singapore

 Uber is in the spotlight for shady operations once again after a report revealed that the U.S. ride-hailing giant knowingly leased cars that were subject to a recall to drivers in Singapore. A Wall Street Journal report exposed the events which took place in 2016 and centered around the Honda Vezel, one of a number of vehicles that Uber purchased and then made available for drivers to lease… Read More

Chat app Line is launching a taxi-booking service to rival Uber in Thailand

 Uber just got itself another potential thorn in its side in Southeast Asia, where its closest rival Grab just raised $2 billion in fresh capital, after an unlikely source announced plans to enter Thailand’s ride-hailing space. Line, the Japanese company best known for its messaging app — and cutesy animal stickers — this week announced that it will offer a licensed taxi… Read More

China’s Didi invests in Taxify, an Uber rival operating in Europe and Africa

 Didi Chuxing, the ride-sharing company that forced Uber out of China, has expanded its increasingly global empire after it made an undisclosed investment in Taxify, an Uber-like service that operates in Europe and Africa. Four-year-old Taxify is headquartered in Estonia — three of its founders are ex-Skype — and today it operates in 18 countries, including Hungary, Romania,… Read More

China’s Didi invests in Taxify, an Uber rival operating in Europe and Africa

 Didi Chuxing, the ride-sharing company that forced Uber out of China, has expanded its increasingly global empire after it made an undisclosed investment in Taxify, an Uber-like service that operates in Europe and Africa. Four-year-old Taxify is headquartered in Estonia — three of its founders are ex-Skype — and today it operates in 18 countries, including Hungary, Romania,… Read More

Spin brings its pick-up-anywhere bike sharing to South San Francisco

 Spin, the bike-sharing service that lets you pick up and drop off a bike anywhere in a city, is coming to South San Francisco. The company’s dockless bike-sharing service made its debut in Seattle last week, and is now spinning its way down south to the Bay Area. Read More

SoftBank is reportedly keen to buy ‘multi-billion dollar stake’ in Uber

 Less than a day after it agreed to put $2 billion into Southeast Asia’s Grab alongside Didi, now SoftBank is being linked with an investment in Uber, the U.S. firm that rivals those two aforementioned ride-sharing companies. A Wall Street Journal report claims SoftBank has been in touch with Uber with the apparent goal of buying a “multi-billion dollar stake” in the company.… Read More

SoftBank is reportedly keen to buy ‘multi-billion dollar stake’ in Uber

 Less than a day after it agreed to put $2 billion into Southeast Asia’s Grab alongside Didi, now SoftBank is being linked with an investment in Uber, the U.S. firm that rivals those two aforementioned ride-sharing companies. A Wall Street Journal report claims SoftBank has been in touch with Uber with the apparent goal of buying a “multi-billion dollar stake” in the company.… Read More

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