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Uber
Broker's Calls
ComfortDelGro stuck in a jam as competition watchdog extends Uber alliance review
SINGAPORE (Feb 20): RHB is maintaining its “neutral” call on ComfortDelGro with a target price of $1.98.
February 20, 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
Broker's Calls
ComfotDelGro on 'hold' as it kick starts collaboration with Uber
SINGAPORE (Jan 19): CIMB is maintaining its “hold” call on ComfortDelGro (CD) with a target price of $2.15.
January 19, 2018
ComfortDelGro and Uber launch UberFLASH services in Singapore
SINGAPORE (Jan 18): Local taxi operator ComfortDelGro and ride hailing app Uber have launched UberFLASH, a new service to reduce waiting times by matching passengers to the nearest uberX vehicle or Comfort taxi.
January 18, 2018
Broker's Calls
ComfortDelGro gets a 'buy' on better rail and overseas prospects even as it embraces dynamic pricing
SINGAPORE (Jan 12): Maybank Kim Eng is maintaining its 'buy" on ComfortDelGro with $2.40 price target on expectations earnings should improve in 2018 after a lacklustre 2017 on better prospects for the rail and overseas businesses in 2018.
January 12, 2018
Broker's Calls
ComfortDelGro to enter comfort zone in 2018
SINGAPORE (Jan 11): Maybank Kim Eng is maintaining its “buy” call on ComfortDelGro with a target price of $2.40.
January 11, 2018
IPO
3 reasons why US firms are taking longer to go public
SINGAPORE (Jan 9): It was an encouraging 2017 for the S&P 500, booking a full year of monthly total gains for the first time ever. But the elephant in the room still remains about the shrinking pool US companies going public.
January 09, 2018
Startups, Entrepreneurs, Digital economy
Uber can’t afford fall of Singapore
(Dec 12): Of all the setbacks during World War II, the one that British Prime Minister Winston Churchill could never really get over was the fall of Singapore. Seventy-five years later, Dara Khosrowshahi shouldn't even want to contemplate the costs o
December 12, 2017
M&A
ComfortDelGro and Uber finally join forces
SINGAPORE (Dec 8): ComfortDelGro Corporation finally announced they will be entering into a joint venture (JV) with Uber Technologies.
December 08, 2017
Broker's Calls
Comfort-Uber alliance 'necessary in the long run' despite likely earnings dilution: UOB
SINGAPORE (Nov 28): UOB Kay Hian is maintaining its “buy” call on ComfortDelGro (CDG) with a target price of $2.25, which is based on a long-term average P/E of 16.6 times, pending more details on the land transport operator’s upcoming alliance with
November 28, 2017