No Surge Pricing On Go-Jek In S’pore (For Now) – Food And Parcel Delivery Services Might Come Next
While there will be promotions at the start, Go-Jek does not want to focus on these and pricing to be the firm's key differentiator from its rivals.
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“Hundreds” Of Grab Drivers In Indonesia To Migrate To Go-Jek In Protest Of New Incentive Scheme
Drivers are required to earn 110 virtual “diamonds” in order to get the incentive or bonus worth IDR 15,000 (about US$1).
Go-Jek Reveals Driver Incentives In Its Handbook – Allows Drivers To Cash Out Anytime, With A Min Of $50
A small number of driver-partners have already started on some onboarding activities as part of beta testing to gather feedback.
ComfortDelGro Sets Up US$100M VC Fund – To Invest In Mobility Tech Startups That “Complement Its Biz”
This global fund will focus on next-generation mobility companies raising their seed stage Series A or Series B funding rounds.
Grab Secures Another US$250M From Hyundai And Kia – To Launch EV Pilot Projects Across SEA In 2019
Grab and Hyundai affiliates will bring together stakeholders from the EV industry to collaborate on measures to improve EV adoption and awareness in SEA.
Mobike Nearly Doubles Its Rental Fees – Claims Price Hike Is Necessary To “Support Supply And Demand”
The Chinese bike-sharing firm has nearly doubled its fees - the rate for a single trip now costs $0.99 for every 20 minutes, up from the usual $0.50
Brink Of Bankruptcy, No Salary For Months – Now Smove Is The Biggest Car-Sharing Service In S’pore
Today, Smove has expanded further to become Singapore's largest car-sharing service with a fleet of over 400 vehicles in more than 110 locations islandwide.
Uber’s Lion City Rentals Now Targets “Casual Drivers” – Lets You Rent A Mazda 3 For S$390 A Week
Uber-owned Lion City Rentals is expanding its business scope to include the general public in the next two to three months.
Grab Introduces New Tiered-Rewards Scheme For Drivers: Guarantees Gross Income Of $6,888 To $11,888
Grab guarantees gross monthly incomes of $6,888 to $11,888 before deducting expenses such as fuel, rental fees and 20% commission fee.
Chinese Firm Sinopec To Open First Petrol Kiosk In Yishun – Rumoured To Acquire Some Shell S’pore Stations
The company had bought a 1,689 square-metre land plot in Yishun Avenue 1 for $42.5 million in February last year to build its first petrol kiosk.
Ofo Raises Bike-Sharing Prices By Up To 3x Due To LTA Licensing Fees: Rides Under 15 Mins Now Cost $1
Under LTA's new licensing framework, bike-sharing operators have to pay $60 for every bicycle deployed, on top of a $1,500 application fee.
This 38-Year-Old S’pore Family Biz Is The Driving Force Behind Your Lazada, Redmart And SingPost Parcels
Goldbell Group, founded in 1980, is Singapore's largest commercial vehicles and industrial equipment distribution and leasing company.