Go-Jek

CoVid-19

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

SINGAPORE (Mar 25): Gojek’s co-chief executive officers and senior managers have pledged to funnel 25% of their salaries over the next 12 months into a fund designed to support its drivers, merchan

M&A

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

SINGAPORE (Mar 17): Southeast Asian ride-hailing giant Gojek has raised US$1.2 billion ($1.7 billion) for expansion, defying tech-sector turbulence and the coronavirus pandemic to secure funds to t

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

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

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 n

Global Economy

Briefs

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.

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 famili

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

Commentary

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 roun

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