Ride-hailing

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

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

Ride-hailing giant’s value expected to reach range of USD 70 billion to USD 100 billion.

Seven years ago, friends and family tried to dissuade Jean Liu from joining Didi. Since then, her imprint has come to define Didi’s strategy and global presence.

Gojek started as a ride-hailing provider. It is now far more than that.

The pandemic has sapped the income of gig workers in Indonesia. Yet, there are opportunities in the digital economy for those who switch gears quickly.

The company is eyeing a local market share of 30% by 2023.

In China’s first-tier cities, market penetration of ride-hailing services exceeded 70% as of Q1 of 2019.