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ride-hailing apps
Covid-19
Grab axes 360 employees in latest cost cutting measure, says this will be 'last organization-wide layoff' for the year
In a letter to employees on Tuesday morning, Grab CEO Anthony Tan said that it has become clear that the pandemic will likely result in a prolonged recession, and Grab has to brace for what may be a long recovery period.
June 16, 2020
Disruption and Digitalisation
Singapore to step up oversight on Grab, Gojek to enhance safety
SINGAPORE (Aug 7): Singapore will tighten regulations on ride-hailing operators such as Grab and Gojek, bringing safety-related rules for the services in line with taxi operators to better protect commuters and drivers.
August 07, 2019
In print this week
Singapore's competition watchdog fines Grab and Uber but can fair play resume?
SINGAPORE (Oct 1): Choo was earning up to $5,000 a month when he first started driving for ride-hailing start-up Grab some three years ago. But after a merger between Grab and Uber Technologies in March this year, the 66-year-old, who asked to be identifi
September 30, 2018
Startups, Entrepreneurs, Digital economy
Will Go-Jek's expansion into new markets bring back ride-hailing competition?
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.
May 24, 2018
Broker's Calls
Would it be respite or wreckage for ComfortDelGro as Grab acquires Uber's Southeast Asia business?
SINGAPORE (Mar 26): ComfortDelGro Corporation’s long-drawn plan to strike a strategic alliance with Uber Technologies could now be in limbo.
March 26, 2018
Is the end of metered taxi fares good for cabbies and commuters?
SINGAPORE (Feb 5): Melissa Lim uses a ride-hailing app on her smartphone to book a private-hire car as often as 10 times a week. And, she almost never takes a metered taxi. In fact, even when there is an empty taxi right in front of her, she does not clim
February 05, 2018