Showing 1-6 of 6 results
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Young Vietnamese drive Uber growth
Business, Reuters, Published on 23/09/2015
» HO CHI MINH CITY: A young, tech-savvy population short on cars but big on smartphones is driving double-digit growth for ride-hailing apps Uber and GrabTaxi in Vietnam, and inspiring some executives to dream of replacing private car ownership altogether.
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As Uber bows out, Grab is the only choice
Reuters, Published on 27/03/2018
» SINGAPORE: A mix of concern and disappointment met Uber Technologies Inc's deal to sell its Southeast Asian business to bigger regional rival Grab, as drivers and users of the ride-hailing firms took in the prospect of sharply reduced competition.
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Uber's upstart rival in Pakistan uses rickshaws, low-tech phones
Reuters, Published on 20/06/2016
» LAHORE -- As taxi hailing giant Uber enters Pakistan, a little-known local competitor is counting on a mix of new ideas and old technology to tap what could be a big chunk of the market: low-income residents who travel in motorised rickshaws, not cabs.
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Kasikornbank invests $50m in ride-hailing firm Grab
Reuters, Published on 08/11/2018
» Kasikornbank Plc on Thursday said it has invested $50 million (1.6 billion baht) in Singapore's Grab, forming a partnership that will help launch the GrabPay electronic wallet in its sixth Southeast Asian market in 2019.
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Didi Global plans to delist from New York
Reuters, Published on 03/12/2021
» SHANGHAI/HONG KONG: Ride-hailing giant Didi Global said on Friday it will delist from the New York stock exchange and pursue a listing in Hong Kong, succumbing to pressure from Chinese regulators concerned about data security.
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Uber 'knowingly rented out faulty cars'
Reuters, Published on 04/08/2017
» SINGAPORE - Uber Technologies Inc knowingly rented its drivers defective cars at risk of catching fire, the <i>Wall Street Journal</i> reported on Friday, and the ride-hailing firm said it moved to fix the problem after one of the vehicles suffered a fire.
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