ComfortDelgro

SINGAPORE (Feb 19): ComfortDelGro (CDG) says its partnership with Uber Technologies is entering the second stage of the Competition Commission of Singapore’s (CCS) deliberation with regards to the two companies’ proposed joint venture (JV).

SINGAPORE (Jan 18): Local taxi operator ComfortDelGro and ride hailing app Uber have launched UberFLASH, a new service to reduce waiting times by matching passengers to the nearest uberX vehicle or Comfort taxi.

SINGAPORE (Jan 18): Singapore's taxi sector is slowly but surely moving towards a more stable market even though conditions stay tough, says UOB Kay Hian.

SINGAPORE (Jan 12): Maybank Kim Eng is maintaining its 'buy" on ComfortDelGro with $2.40 price target on expectations earnings should improve in 2018 after a lacklustre 2017 on better prospects for the rail and overseas businesses in 2018.

(Dec 12): Of all the setbacks during World War II, the one that British Prime Minister Winston Churchill could never really get over was the fall of Singapore. Seventy-five years later, Dara Khosrowshahi shouldn't even want to contemplate the costs o

SINGAPORE (Nov 10): Transport operator ComfortDelGro reported a 8.2% fall in 3Q earnings to $80.1 million from $87.3 million a year ago. This brings earnings for 9M ended Sept to $242 million.

SINGAPORE (Oct 31): ComfortDelGro has incorporated a new subsidiary to acquire the business asset of Metro WA Taxi Management in Perth.

SINGAPORE (Sept 28): CIMB is maintaining its “hold” call on ComfortDelGro with a target price of $2.15.

SINGAPORE (Sept 18): OCBC is downgrading ComfortDelGro to “hold” after its subsidiary lost the Thomson-East Coast Line contract and Grab turns aggressive in wooing its taxi drivers.

SINGAPORE (Aug 22): Singapore’s largest taxi operator ComfortDelGro today announced it is in exclusive talks to form a potential strategic alliance with Uber Technologies – the private hire car service start-up that has put a dent in its business.