Didi Chuxing

Disruption and Digitalisation

Grab set for major investment in Vietnam

SINGAPORE (Aug 26): Singapore-based ride-hailing firm Grab is set to invest “several hundred million dollars” in Vietnam where the company sees its next major growth market, just weeks after it unv

Investing strategy

Tech companies, network effect, universal apps: Where the future and the past are different, yet similar

SINGAPORE (Apr 29): A significant portion of the value we have seen created in technology has been credited to the network effect (or positive feedback loop) associated with digital platforms.

Grab secures investment from Microsoft as it adopts Azure platform's cloud services

(Oct 9): Microsoft Corp will invest an unspecified amount in Grab as the ride-hailing giant adopts the US company’s Azure as its preferred platform for cloud services.

Tech

Ride-hailing giant Grab expects to double revenue in 2019

(Sept 6): Singapore’s Grab outlined ambitious fundraising plans and predicted that sales will double next year, adding to evidence that Southeast Asia’s most valuable startup is expanding well beyo

GRab

SoftBank emerges as lead financier for Uber rivals

(July 25): Uber Technologies Inc. is at risk of losing out on another big chunk of the global market.

Update

Grab gets US$2 bil from SoftBank, Didi to fight Uber in Asia

(July 24): Grab raised US$2 billion ($2.7 billion) from Didi Chuxing and SoftBank Group Corp.

China Focus

China's road to world tech domination begins in Southeast Asia

(June 1): Isaac Ho and several investors were watching a pitch from a cancer-detection startup in Singapore when one of the Chinese billionaires present got up and  – without a word – scrawled “Spe

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

China Focus

Tencent now China's top company in private economy win

(Sept 5): Tencent Holdings has surpassed China Mobile to become the country's most valuable corporation, underscoring the growing importance of a vibrant private economy over lumbering state-owned

Didi, SoftBank lead US$600 mil-plus round for Grab

(Aug 3): China’s Didi Chuxing and SoftBank Group Corp.

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