ride-hailing service

Go-Jek said to roll out in Singapore this week to challenge Grab

(Nov 28): Indonesia’s Go-Jek plans to roll out a preliminary version of its ride-hailing app in Singapore on Thursday, bringing fresh competition to the hometown of arch-rival Grab, according to people familiar with the plan.

Go-Jek’s beta app will be available to a limited number of consumers before expanding it to a wider population as testing progresses, said the people, who asked not to be named because the information is not public.

Grab is said close to deal for Uber Southeast Asia business

(Mar 8): Grab, the dominant ride-hailing service in Southeast Asia, is close to finalising a deal to acquire Uber Technologies Inc.’s business in the region and may sign a deal this week or next, according to people familiar with the matter.

Apple invests US$1 bil in Uber’s China competitor Didi

Didi, Xiaoju Kuaizhi Inc

HONG Kong (May 13): Apple Inc invested US$1 billion ($1.38 billion) in Didi, the single largest investment the Chinese ride-hailing service has ever received as it battles Uber Technologies Inc.

Apple will help Didi build its data-driven ride-sharing platform, as the company now completes more than 11 million rides a day and serves about 300 million users, Didi said in a statement on Friday. It joins other investors including Alibaba Group Holding Ltd and Tencent Holdings Ltd.

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