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1 min read
Altimeter SPACs surge on reported $40 billion deal for Singapore ride-hailing company Grab
If the $40 billion deal between Grab and Altimeter goes through, it would make for the largest SPAC…
Matthew Fox
1 min read
Its World vs Uber: Ola ties up with 3 of the world’s largest taxi hailing apps!
This move will allow passengers to book rides on any of these services using just one app! This mea…
4 mins read
10 transport mobile apps that redefine mobility in Asia
Cloud based technologies for taxi mobility and ride-sharing apps for individual customers are chang…
2 mins read
These global startups are reportedly on a hiring spree for Indian talent
Calling Indian engineers as a premium talent, Adithya Venkatesan, marketing specialist in Go…
8 mins read
How Grab, Asia's Uber, stumbled before and after its $40 billion SPAC, with pandemic layoffs and a teary all-hands with its CEO
Grab was a poster child for how Southeast Asia could match — or at least ape — Silicon Valley innov…
Weilun Soon
4 mins read
There's a global alliance forming to stop Uber's world domination
Ths isn't entirely unexpected. Earlier this year, BuzzFeed News reported that Softbank Capital, whi…
Maya Kosoff
2 mins read
Lyft's global alliance to stop Uber's world domination is growing
The news of the partnership follows on the heels of Uber's latest funding round designed to bankrol…
Biz Carson
1 min read
Three On-Demand Taxi Startups Are Joining Forces To Take On Uber
This alliance would rival on-demand ride-hailing juggernaut Uber, which operates in 53 countries an…
Maya Kosoff
2 mins read
Uber has launched a motorbike taxi service called 'UberMOTO' in Bangkok
The new motorbike taxi service comes a week after Uber CEO Travis Kalanick said Uber was losing $1 …
Sam Shead
3 mins read
Uber's board reportedly held a 'marathon meeting' as it grapples with its ties to Saudi Arabia
Like Khosrowshahi and fellow Uber board member Ariana Huffington, most of Wall Street was quick to …
Graham Rapier
1 min read
Lyft gets $500 mn ammunition from General Motors to drive out Uber
Lyft and General Motors will now develop a network of self-driving cars that passengers can call up…
1 min read
SoftBank Is Investing In China's Biggest Taxi App
SoftBank makes a huge amount of investments in tech companies. In December it invested $250 million…
James Cook
2 mins read
Uber is raising another $2 billion at a $62.5 billion valuation
Tiger Global's investment in the ride-hailing company comes at a surprise. The global hedge fund is…
Biz Carson
1 min read
TRAVIS KALANICK: Uber Will Create 1 Million New Jobs Next Year
"In 2015 alone, Uber will generate over 1mm jobs in cities around the world and with that millions …
Maya Kosoff
2 mins read
Uber's biggest competitor in China is partnering up with Uber's biggest US competitor, Lyft
You'll be able to pay in your native currency on each app, so as to avoid having to pay for your Di…
Maya Kosoff
2 mins read
A Saudi prince is buying a piece of Lyft for $105 million
Despite the foreign investments, Lyft will continue operating in the US exclusively - unlike Uber, …
Bryan Logan
2 mins read
CEO reveals why the Japanese giant Rakuten invested in Lyft and not Uber
A few months ago, Lyft announced a partnership with Chinese Uber rival Didi Kuaidi. Starting early …
Jillian D'Onfro,Maya Kosoff
2 mins read
Uber's rivals are banding together, and just added India to their coalition
Didi's newest investment in Ola hints to a future partnership between the two companies, at least i…
Biz Carson
2 mins read
Uber's top Chinese rival has reportedly invested in Lyft, Uber's biggest US competitor
Citing sources close to the matter, The Wall Street Journal reports that Lyft has "discussed ways t…