Transportation

RedBus expects international business to contribute 30% to its revenue over the next three years, up from the current 7%.

Ride-hailing services from Tencent Map are expected to be expanded nationwide before the National Day holiday.

ST Engineering provides systems for “smart cities” to take control of the overall traffic flow, to predict congestions, and to resolve them.

The young entrepreneurs are planning to enter the last-mile delivery space, and fleet optimization for B2B transport companies.

Waze will lay off 5% of its global workforce, which equates to about 30 people out of its 555-strong global workforce.

Data such as profile pictures, passenger names, and vehicle plate numbers of GrabHitch drivers and passengers were compromised.

Duckbill has already more than 5,000 corporate clients, among them Shanghai-based logistics giant Sinolines, CTS International Logistics, and state-owned China Cosco Shipping.

Tesla aspirant surges over 50% on trading debut after USD 1.5 billion upsized offering.