Transportation

Vastly inflated prices for both car ownership and ride-hailing may just drive more users toward the car-sharing industry.

The company will trade under the ticker symbol GOTO.

Rising oil demand has pushed gasoline prices higher, posing challenges for mobility businesses in the region.

The Singapore tech group’s first results since its US listing come as shares slump.

Aside from an overhaul in license review processes, the platforms will also need to improve their drivers’ compensation and welfare.

The firm currently monetizes its service by charging 8% on top of tickets that are sold via its platform.

Shopee is trying to become the next super app in the country after Gojek and Grab.

The firm expects to become profitable by the second half of 2022.