Uber Technologies Inc (Uber)

Grab IPO may soar but take Comfort - THE EDGE SINGAPORE


Grab IPO may soar but take Comfort

As Grab seeks a US IPO, don't forget tried-and-tested ComfortDelgro, whose stock has been ravaged by the pandemic.


Uber unveils IPO with warning it may never make a profit

NEW YORK (Apr 12): Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its initial public offering filing.


Singapore's Grab can't afford to fail finance

(Jan 16): After sending rival Uber Technologies Inc packing from Singapore and other Southeast Asian markets, homegrown ride-hailing firm Grab has set itself a stiffer target. It wants to be a regional super-app.

Startups, Entrepreneurs, Digital economy

Singapore watchdog says Uber-Grab deal may have infringed competition

SINGAPORE (Mar 30): Singapore's competition watchdog said it had reasonable grounds to suspect competition had been infringed by Uber Technologies Inc's deal to sell its operations in Southeast Asia to rival ride-hailing firm Grab.

Broker's Calls

CIMB keeps ComfortDelGro on 'hold' with Uber tie-up in limbo

SINGAPORE (Mar 27): CIMB expects ComfortDelGro to stay unexciting in the near term given the many uncertainties surrounding the latest developments in Singapore’s ride-hailing sector.

Broker's Calls

ComfortDelGro's tie-up with Uber far from being a game changer

SINGAPORE (Jan 4): Although ComfortDelGro's tie-up with Uber is unlikely to be a game changer, OCBC says this will allow Uber app users to directly book ComfortDelGro taxis.