ride-hailing apps


Grab axes 360 employees in latest cost cutting measure, says this will be 'last organization-wide layoff' for the year

In a letter to employees on Tuesday morning, Grab CEO Anthony Tan said that it has become clear that the pandemic will likely result in a prolonged recession, and Grab has to brace for what may be a long recovery period.

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.

In print this week

Singapore's competition watchdog fines Grab and Uber but can fair play resume?

SINGAPORE (Oct 1): Choo was earning up to $5,000 a month when he first started driving for ride-hailing start-up Grab some three years ago. But after a merger between Grab and Uber Technologies in March this year, the 66-year-old, who asked to be identifi

Startups, Entrepreneurs, Digital economy

Will Go-Jek's expansion into new markets bring back ride-hailing competition?

SINGAPORE (May 24): Go-Jek, the Indonesian-based ride hailing firm, will be investing $500 million in its international expansion strategy, entering four new markets – Vietnam, Thailand, Singapore and the Philippines – within the next few months.

Broker's Calls

Would it be respite or wreckage for ComfortDelGro as Grab acquires Uber's Southeast Asia business?

SINGAPORE (Mar 26): ComfortDelGro Corporation’s long-drawn plan to strike a strategic alliance with Uber Technologies could now be in limbo.

Is the end of metered taxi fares good for cabbies and commuters?

SINGAPORE (Feb 5): Melissa Lim uses a ride-hailing app on her smartphone to book a private-hire car as often as 10 times a week. And, she almost never takes a metered taxi. In fact, even when there is an empty taxi right in front of her, she does not clim