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Uber Technologies Inc
Startups, Entrepreneurs, Digital economy
Grab secures US$1.46 bil in fresh capital from SoftBank Vision Fund
SINGAPORE (Mar 6): Grab Holdings Inc says it has secured US$1.46 billion ($2 billion) of fresh financing from Japan's SoftBank Group Corp to help fund its expansion.
March 06, 2019
Management & Corporate Governance
Uber to appeal competition watchdog decision on Grab deal
SINGAPORE (Oct 22): Uber Technologies Inc has decided to appeal a decision by the Singapore competition regulator that its merger with regional rival Grab violated the city-state’s competition laws, the firm said on Monday.
October 22, 2018
Startups, Entrepreneurs, Digital economy
By plowing millions into Uber, Toyota eyes the future of cars
(Sept 27): Toyota Motor Corp, Asia’s biggest carmaker, is preparing for a potential future where people don’t buy cars.
September 27, 2018
Startups, Entrepreneurs, Digital economy
Uber is in early talks to buy Europe's Deliveroo
(Sept 21): Uber Technologies Inc. is in early talks to buy food-delivery company Deliveroo for several billion dollars, according to people familiar with the plans.
September 21, 2018
Tech
Ride-hailing giant Grab expects to double revenue in 2019
(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
September 06, 2018
Commentary
This tiny country knows the future of driverless tech: Alex Webb
(June 1): Pilot plans to test driverless cars on city streets have so far been little more than vanity research projects. But one tiny country has put the whole autonomous vehicle industry on a track to make money in real life.
June 01, 2018
Startups, Entrepreneurs, Digital economy
San Francisco investigating whether Uber, Lyft are public nuisances
(June 6): San Francisco has issued subpoenas to Uber Technologies Inc and Lyft Inc for a broad scope of records on driving and business practices as part of an investigation to determine whether the ride-services companies have become a public nuisance.
June 06, 2017
Honda Motor invests in Grab to team up on motorcycle sharing
December (Dec 12): Honda Motor Co., the world’s largest motorcycle maker, has become a strategic investor in Grab as part of a partnership to expand the startup’s bike-hailing operations in Southeast Asia.
December 12, 2016
Apple invests US$1 bil in Uber’s China competitor Didi
HONG Kong (May 13): Apple Inc invested US$1 billion ($1.38 billion) in Didi, the single largest investment the Chinese ride-hailing service has ever received as it battles Uber Technologies Inc.
May 13, 2016