NewsGrab Reportedly Announces Buying out Uber SEA Business Next MondayThe sellout will include both Uber’s hailing business and Uber Eats in the region. 2 mins read
Plus, Ofo raised USD 866 million in a round led by Alibaba. WhatsApp mulls a payment service in India. NewsKrASIA Daily: Grab Launches Fintech Platform to Provide Loans and Insurance5 mins read
Plus, Meituan-Dianping invests in Swiggy. Amazon said it would start delivering Whole Foods groceries. NewsKrAsia Daily: Grab Said Vinasun Was Indulging in Anti-Competitive Practices5 mins read
Plus, Xiaomi is launching a battle against its local rivals with a goal to regain No.1 position in China within 10 quarters. Goldman Sachs is in talks with Apple to offer financing to Apple gadget shoNewsKrAsia Daily: Vietnam’s Vinasun Sued Grab for Unfair Business Practices4 mins read
Highlights from the past week, as well as something cool for the weekend. NewsKrASIA Weekly Roundup2 mins read
The two leading players in the SE Asian transportation market tie up for the increasingly fierce competition in the field. NewsObike Teams up with Grab, Escalating Competition with Ofo & Mobike2 mins read
Plus, Alibaba-backed HelloBike is about to complete its new financing round of over US$ 1 billion. Uber Eats has acquired Ando. NewsKrAsia Daily: Grab Said to Acquire Uber’s Operation in Southeast Asia5 mins read
SoftBank told Uber to concentrate on recovering market share in the US and key European markets. NewsDeals | Grab Said to Acquire Uber’s Southeast Asia Operations2 mins read
Plus, Didi launched its bike rental platform in Beijing and Shenzhen. Polling company SurveyMonkey is preparing to go public later this year. NewsKrAsia Daily: Grab Enriches Its Indian Think Tank By Acquiring Mobile Payment Startup Ikaaz5 mins read
NewsDeals in brief: Sfermion and Amber Group lead USD 1.8 million investment in Anichess, 11 China and India deals, and more
NewsDeals in brief: BillEase and Prep secure funding, Malaysia’s Khazanah Nasional initiate MYR 3 billion fund with two partners, Thunes to acquire Tilia, and more