Go-Jek

(Sept 6): Singapore’s Grab outlined ambitious fundraising plans and predicted that sales will double next year, adding to evidence that Southeast Asia’s most valuable startup is expanding well beyond its roots as a ride-haling app and intensifying a r

(Aug 17): Go-Jek, Indonesia's first billion-dollar startup, is "extremely close" to achieving profitability in all its segments, except transportation, its founder and CEO Nadiem Makarim told Reuters.

SINGAPORE (July 27): Grab said on Friday it disagreed with the Singaporean anti-monopoly watchdog’s assessment that its takeover of Uber’s operations had harmed competition and called the commission’s suggested measure of removing exclusivity arrang

SINGAPORE (July 6): DBS says that the path and eventual outcome of the Grab-Uber merger remains uncertain.

(June 13): Toyota Motor Corp. will buy a US$1 billion ($1.3 billion) stake in Grab in one of the largest investments by a carmaker in a ride-hailing provider, underscoring the push by the auto industry to move from manufacturing to services.

(June 7): Go-Jek, the Indonesian ride-hailing provider, has been offered at least US$1 billion ($1.3 billion) of new funding from existing investors eager to accelerate its overseas expansion, people with knowledge of the matter said.

SINGAPORE (May 28): CGS-CIMB Research is maintaining its “hold” call on ComfortDelGro with an unchanged target price of $2.37 after announcing it was parting ways with Lion City Rental (LCR), Uber’s wholly-owned car rental subsidiary, in Singapore.

SINGAPORE (May 24): Go-Jek, the Indonesian-based ride hailing firm, will be investing $500 million in its international expansion strategy, entering four new markets – Vietnam, Thailand, Singapore and the Philippines – within the next few months.

SINGAPORE (Apr 25): ComfortDelGro is said to be in talks with Indonesia’s ride-hailing app provider Go-Jek to explore a partnership even as its tie-up with Uber comes under threat.

SINGAPORE (Apr 11): Financial services provider Allianz says it has invested US$35 million ($45.8 million) in Indonesian ride-hailing platform Go-Jek through its digital investment unit, Allianz X.