Uber

SINGAPORE (Nov 14): RHB Research is downgrading its call on ComfortDelGro (CDG) to “neutral” from “buy” with a lower target price of $2 from $2.60 previously, on expectations that the sequential decline in the group’s Singapore taxi fleet and hi

(Oct 26): Ho Chi Minh City (HCMC) government instructs its transport department to direct ride-hailing services Uber, Grab and transport firms to suspend additions of new automobiles of 9 seats or less, newspaper reports, citing info from local authoritie

SINGAPORE (Oct 5): Maybank KimEng is remaining firm on its latest upgrade to a “buy” call on ComfortDelGro (CDG) with unchanged price target of $2.40 or 16 times FY18 forecast earnings.

SINGAPORE (Oct 2): Market talk has it that Uber Technologies is under investigation by Singapore’s Corrupt Practices Investigation Bureau (CPIB) over the ride-hailing firm's majority-owned car rental company, Lion City Rentals (LCR).

SINGAPORE (Sept 29): Maybank Kim Eng is upgrading its call on land transport operator ComfortDelgro (CDG) to “buy” from “hold” while raising its price target on the stock to from $2.25 to $2.40, which implies 16.3 times FY18E earnings per share (E

SINGAPORE (Sept 28): CIMB is maintaining its “hold” call on ComfortDelGro with a target price of $2.15.

(Sept 5): In Southeast Asia, mobile banking is taking on a whole new meaning. Last week, Grab, one of the region's top ride-hailing companies, announced that users of its app can start sending credits -- used to pay for rides -- to each other. By the

(Aug 30): Toyota Motor is pushing deeper into the ride-sharing business.

(Aug 28): Shares in ComfortDelGro Corp received a strong boost after the company said on Aug 22 that it had signed an exclusive agreement with Uber to open talks on future collaboration.

(Aug 17): Uber Technologies Inc. is hiring Goldman Sachs Group Inc.’s former chairman for Southeast Asia to lead the development of its business from Japan to Singapore.