On-demand Services

Even though it has the green light for this move, a share buyback now might worsen the firm’s financial condition

The company is still a way from being profitable.

The fresh funds will boost Luckin’s ambitions to surpass Starbucks in China.

The online grocer had diversified into many on-demand niches but is now scaling back several of them.

The company is merging deeper with Greater Jakarta’s transportation network.

The company says it sold 90 million cups of joe last year.

Breaking down Grab Financial’s grand vision into “bite-sized” bits.

The new rules regulate minimum and maximum tariffs, passenger safety, standards of service