grab

Microsoft invests in Grab to bring AI and big data to on-demand services

Microsoft has made a strategic investment in ride-hailing and on-demand services company Grab as part of a deal that includes collaborating on big data and AI projects. Under the agreement, Singapore-

You can now use the Google Assistant to order an Uber or Lyft

If you ever wanted to use your Google Assistant to book a ride with Uber or Lyft, your wishes have been heard. Starting today, you’ll be able to use your voice to ask Google’s virtual assi

Tencent backs fintech firm Voyager to set up battle with Alibaba in the Philippines

China’s internet battle is rapidly reproducing itself in Southeast Asia. One new hotspot is the Philippines, where Tencent just agreed to invest in Voyager, a fintech business started by telecom

SoftBank and Toyota team up to develop services powered by self-driving vehicles

SoftBank is getting into self-driving car services after the Japanese tech giant announced a joint-venture with Toyota in its native Japan. SoftBank is invested in Uber and a range of other ride-haili

Go-Jek is close to launching a ride-hailing service in Singapore

Indonesia’s ride-sharing startup Go-Jek plans to land in Singapore, its arch-rival Grab’s HQ, as soon as this month as its regional expansion program gains speed, TechCrunch has come to un

In-car commerce startup Cargo raises $22 million led by Founders Fund

Cargo, the startup that helps ridesharing drivers earn money by bringing the convenience store into their vehicles, has raised $22 million in a Series A round led by Founders Fund. Additional investm

China’s Didi Chuxing launches taxi-hailing service in Japan

China’s Didi Chuxing is fighting fires at home around passenger safety, but overseas the ride-hailing giant has moved into another new market after its taxi-booking service began operations in J

Middle East’s Careem is the latest ride-sharing unicorn to get an India-based tech team

India is the new tech outsourcing destination for ride-hailing companies. Southeast Asia’s Grab and Go-Jek both have sizable engineering teams in the country, and now that duo is joined by anoth

Uber and Grab hit with $9.5M in fines over ‘anti-competitive’ merger

Uber and Grab have been hit with combined fines of $9.5 million after their merger deal was found to have violated Singapore’s anti-competition laws. Grab acquired (and then merged/closed) Uber&

Ride-hailing startup Shohoz raises $15M to build the Grab of Bangladesh

Uber may be global but it is very much the alternative in some parts of the world. One such place is Bangladesh — the South Asian country that’s home to 160 million people — where l

Go-Jek plans to raise $2B more for Southeast Asia ride-hailing battle

Indonesia’s Go-Jek is planning to raise $2 billion from investors to fuel its ride-hailing battle with Grab in Southeast Asia. Go-Jek raised $1.5 billion earlier this year from investors that in

Brazilian startup Yellow raises $63M — the largest Series A ever for a Latin American startup

After selling their ridesharing startup, 99, to Didi Chuxing for $1 billion last year, Ariel Lambrecht and Renato Freitas didn’t waste any time throwing their hats back in the ring. Months aft

Southeast Asia’s Fave raises $20M and adds mystery strategic investor from China

So you thought group-buying was dead?! Not in Southeast Asia where Fave, a company that aims to connect local merchants with customers using discount sales, has closed a $20 million Series B round as

Southeast Asia’s Grab plans electric vehicle push

Grab, the ride-hailing company that consumed Uber’s business in Southeast Asia, today made a big push to grow the number of electric vehicles in its fleet after it partnered with energy supplie

Uber is on a hiring spree in Singapore despite ‘exiting’ Southeast Asia

Uber agreed to sell its Southeast Asia business in March, but it isn’t leaving the region. In fact, the U.S. firm is literally doubling down with plans to more than double its staff in Singapore

Grab-Uber deal wins Philippines approval but ‘virtual monopolist’ concern remains

Grab’s acquisition of Uber’s Southeast Asia business in May has been embroiled in regulatory scrutiny, but the ride-hailing firm has some positive news after the Philippines’ regulat

Walmart co-leads $500M investment in Chinese online grocery service Dada-JD Daojia

Walmart sold its China-based e-commerce business in 2016, but the U.S. retail giant is very much involved in the Chinese internet market through a partnership with e-commerce firm JD.com. Alibaba&#821

July sets a record for number of $100M+ venture capital rounds

In July 2018, the tech sector’s leisure class — venture capitalists — kicked investments into overdrive, at least when it comes to financing supergiant venture rounds of $100 million or more. Wi

Grab picks up $2 billion more to fuel growth in post-Uber Southeast Asia

Grab, the ride-hailing service that struck a deal to take Uber out of Southeast Asia, has announced that it has pulled in $2 billion in new capital as it seeks to go beyond ride-hailing to offer more

Go-Jek kicks off Southeast Asia expansion with Vietnam launch

Go-Jek, the Indonesia-based ride-sharing company valued at $5 billion, has begun its ambitious plan to increase its rivalry with Grab by expanding into three new markets after it opened shop in Vietn
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