Gojek's co-CEOs pledge quarter of salary to ride-hailing drivers

The Indonesian ride-hailing and food delivery giant will also redirect the budget it’s set aside for annual employee salary increases to the fund.


Ride-hailing giant Gojek raises US$1.2 bil for clash with Grab

Gojek and Grab are competing well beyond ride-hailing in Southeast Asia, including in meal deliveries. Both aim to become consumers’ default, all-purpose app.

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 unveiled a US$2 billion ($2.8 billion) plan in Indonesia.

Disruption and Digitalisation

Singapore to step up oversight on Grab, Gojek to enhance safety

SINGAPORE (Aug 7): Singapore will tighten regulations on ride-hailing operators such as Grab and Gojek, bringing safety-related rules for the services in line with taxi operators to better protect commuters and drivers.

Startups, Entrepreneurs, Digital economy

Cycle & Carriage launches new car leasing business; secures Go-Jek as first corporate client

SINGAPORE (July 25): Cycle & Carriage Singapore (C&C), which is 100% owned by parent company, Jardine Cycle & Carriage, has entered into the car leasing segment with the launch of its new car-leasing arm – Cycle & Carriage Leasing.

Global Economy


SINGAPORE (July 22): “Carrying around their cup was a status symbol. They were the first store in New York to offer extra virgin olive oil. Now Amazon has extra virgin olive oil. Everyone has extra virgin olive oil.” — Restaurant critic Joshua David

Company in the news

Go-Jek snags investment from Thailand's largest lender

(July 11): Ride-hailing giant Go-Jek has secured an investment from Siam Commercial Bank, the Thai lender that counts King Maha Vajiralongkorn as its biggest shareholder, according to people familiar with the matter.

Disruption and Digitalisation

Grab explores spinning off financial services business: sources

SINGAPORE (May 8): Singapore-based ride-hailing company Grab has mandated a few banks to approach potential investors to take minority stakes in its financial services business as it looks to spin off the unit, according to two people familiar with the ma


Grab's bonfire of the vanities is just blowing smoke, says Bloomberg Opinion's Tim Culpan

(April 9): One sentence from Grab Holdings Inc. co-founder Anthony Tan sums up the outlook for the dumpster fire that is Southeast Asia’s increasingly toxic taxi wars.

Startups, Entrepreneurs, Digital economy

Grab sets sights on US$6.5 bil capital mark

SINGAPORE (April 8): Grab Holdings is expecting to rake in further US$2 billion ($2.71 billion) in funding to bring its total capital raised this year to US$6.5 billion, following its Series H round which saw SoftBank and other key strategic investors inv