Uber’s Lion City Rentals Sold For About S$350M – Likely To Supply Cars To Go-Jek And Grab Next
WayDrive Holdings, a new local joint venture between vehicle trader MotorWay Group and investment vehicle Toh Motors, have acquired 100 per cent of LCR.
Browsing: uber
What’s Happening With Uber At The Other Side Of The World: Funding, Curbing Losses, IPO Plans In 2019
Ride-hailing giant Uber hopes to launch its IPO at a US$120 billion target valuation, while the company remains unprofitable for its 9th year.
Uber-Backed Lime Launches E-Scooter Sharing In S’pore – Primarily Available In Business Parks For Now
US-based e-scooter sharing firm, Lime, will make its foray into Southeast Asia through Singapore in a partnership with Ascendas-Singbridge Group.
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-Uber Merger Sees Consequences: Both Fined Total Of $13M By S’pore Competition Watchdog
The Grab-Uber merger has resulted in a $13 million fine by a S'pore competition watchdog. Uber was fined $6.5 million, while Grab was fined $6.4 million.
Uber In Talks To Acquire London-Based Deliveroo For “Several Billion Dollars”
Uber's offer to acquire Deliveroo would have to be considerably above the British food delivery firm's last valuation of more than US$2 billion.
Asia Is The World’s Largest Ride-Hailing Market With Over 70% Share – Grab Dominates SEA
Singapore-headquartered O2O company Grab has ambitiously ridden into eight countries, including emerging markets like Cambodia and Myanmar.
This Is What Happened To Employees When Uber Sold Its Southeast Asian Unit To Grab
Now, a few months later, KrASIA spoke with close to a dozen former Uber Southeast Asia employees to find out how things have turned out.
5 Ride-Hailing Startups Enter Philippines Despite Grab’s Domination – 4 To Start Services This May
Despite this domination, Grab has been struggling to cope with the demand – its fleet of 35,000 vehicles could not cater to the 600,000 daily requests.
Uber’s Officially Gone – Here Are Some Alternative Ride-Hailing Apps In S’pore You Can Use
Since the news of Uber's departure, a surge of ride-hailing service providers have emerged in Singapore in a bid to 'grab' a slice of the market share.
Grab Devours Uber Eats Following Merger – Expands GrabFood Services To S’pore And M’sia
Grab said that it intends to make GrabFood available across all major Southeast Asian countries in the second quarter of this year.
New S’pore Ride-Hailing App Filo To Launch Soon – Promises To Be Cheaper Than Taxis
The Singapore startup was founded late last year, and the company will be officially launching its private-hire car booking services "within the next two weeks".