Uber

RHB strategy for 2017

Why consumer staples will remain at the forefront of attention in 2017

SINGAPORE (Jan 4): In the opinion of RHB analyst Juliana Cai, consumer discretionary spending in Singapore is likely to continue being weighed down by persistent concerns over job security and stagnant wages – bringing consumer staples to the forefront

RHB strategy for 2017

Singapore’s land transport sector is revving up for a smooth ride

SINGAPORE (Jan 3): RHB has given Singapore’s land transport sector an “overweight” rating amid regulatory tailwinds and improved growth prospects.

Grab launches GrabShare to rival Uber’s car-pooling service

SINGAPORE (Dec 6): Grab is going head-to-head with Uber’s new car-pooling service by launching its own version, raising the stakes in the battle between rival ride-hailing apps.
Mobile World Congress in Shanghai, China

Tech

How Apple lost China to two unknown local smartphone makers

BEIJING (Nov 23): Two years ago, Oppo and Vivo couldn’t crack the top five in China’s smartphone market. Now they outrank everyone after elbowing Apple aside, thanks to people like Cheng Xiaoning.
Grab CEO Anthony Tan

Grab CEO’s epiphany at 30,000 feet: taking down an Uber Goliath

SINGAPORE (Nov 2): It was on a late July flight home to Singapore when Anthony Tan grasped the potential calamity in news that his biggest ally, Didi Chuxing, was about to buy out arch-rival Uber’s Chinese business.
ComfortDelGro taxi image

Broker's Calls

ComfortDelGro’s fair value driven down by Uber, Grab

SINGAPORE (Oct 4): OCBC Investment Research is keeping its “buy” recommendation on ComfortDelGro but cutting its fair value estimate to $3.10 from $3.21 previously, amid the rapid expansion of private hire car service providers.

Uber rival Grab partners with driverless car firm in Singapore

SINGAPORE (Sept 23): Users of ride-hailing firm Grab will be able to book driverless cars from Friday as it partners with a start-up testing the technology in Singapore, just days after rival Uber debuted its self-driving vehicles in the United States.

S i2i launches commercial electric vehicle fleet on Uber

SINGAPORE (Sept 19): S i2i has launched its commercial Electric Vehicle (EV) fleet of seven pure electric cars using car hailing services from Uber, according to parent company S Dreams.

Tech

Your Uber and Grab taxi rides are about to be disrupted

SINGAPORE (Sept 5): Uber, the global giant of ride hailing, which at the last round of its fundraising was valued at US$68 billion ($92.7 billion), lost US$1.2 billion in the first half of this year compared with a US$987.2 million loss in the same period

In print this week

Measuring GDP in a digital economy

SINGAPORE (Sept 2): In recent years, demand for digitalised peer-to-peer services such as accommodation sharing website AirBnB, private car booking app Uber as well as crowd-funding platforms like Kickstarter as substitutes for the traditional and pricier
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