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Commentary
Grab, GoJek, Didi and why it's hard to find winners in the few really successful EMs
SINGAPORE (Feb 18): They say there is no such thing as bad publicity. For GoJek, at least, the recent altercation between one of its drivers and a female passenger, who turned the phrase “Is it because I’m Chinese?” into a popular meme, has arguably
February 20, 2019
Startups, Entrepreneurs, Digital economy
Grab raises US$150 mil from Yamaha
SINGAPORE (Dec 17): Grab is attracting more global backers after the ride-hailing service defeated Uber Technologies Inc. in Southeast Asia. A motorcycle maker has become the latest investor.
December 14, 2018
Broker's Calls
Ride-hailing rivalry, goodies unlikely to return to 'good old days'
SINGAPORE (Oct 31): DBS Group Research says the competition and level of subsidies seen during the Grab vs Uber era are unlikely to return.
October 31, 2018
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
Management & Corporate Governance
Competition watchdog slaps $13 mil fine on Grab, Uber over merger
SINGAPORE (Sept 24): The Competition and Consumer Commission of Singapore (CCCS) has fined Uber and Grab a total of $13 million after the merger of the ride-hailing firms was judged to have led to a “substantial lessening of competition”.
September 24, 2018
Startups, Entrepreneurs, Digital economy
Grab defends position in Uber deal to Singapore's anti-monopoly watchdog
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
July 27, 2018
Broker's Calls
ComfortDelGro's exit from Uber tie-up comes as no surprise, says CGS-CIMB
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.
May 28, 2018
In print this week
ComfortDelGro revving up for disruption waves ahead
SINGAPORE (Apr 27): The future of taxis is an important issue for public transport operator ComfortDelGro.
April 27, 2018
Singapore watchdog sets interim terms for Uber-Grab deal
SINGAPORE (Apr 13): Singapore's competition watchdog on Friday outlined a number of interim measures as it continued investigation into ride-hailing firm Grab's decision to buy Uber Technologies' business in the city-state.
April 13, 2018
Startups, Entrepreneurs, Digital economy
Venture capital market off to a strong start for 2018
SINGAPORE (Apr 11): Venture capital (VC) investment in 2018 had a rousing start, with US$49.3 billion ($64.5 billion) raised across 2,661 deals in 1Q, just shy of the global record for a single quarter, according to KPMG’s quarterly report on global VC
April 11, 2018