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.

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

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.

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.

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.

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.

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.

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

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.

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
×