On-demand Services

Tencent will remain Meituan’s biggest institutional shareholder with a 17.2% stake.

Grab had a humble beginning but it is now set to go public in the world’s largest SPAC merger.

The company plans to use the money to facilitate its proposed offshore restructuring and fulfill its obligations under the USD 180 million settlement with the US SEC.

Accumulated losses reach USD 10 billion; Singapore company raises Myanmar risk.

Chinese internet companies were ordered to correct malpractices and pledge in written statements that they will operate legally.

The deal is expected to close this month, with Gojek taking a 60% stake in GoTo.

Big Tech used to be rooted in coders’ dreams. A look at Grab demonstrates a new way of building tech companies.

The company already has autonomous vehicles operating in several US cities, and plans to expand the fleet in next few years.