Uber

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

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.

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.

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

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”.

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

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.

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. 

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.

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
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