Transportation

The LTFRB said Go-Jek’s local unit Velox fails to meet the foreign ownership requirements.

Barely two weeks into 2019, Grab’s Series H financing round exceeds its end-2018 US$3 billion target.

Go-Jek’s ride-hailing services are now available island wide in Singapore.

The verdict ends an 18-month-long legal battle between Grab and Vietnamese taxi operator Vinasun.

CHJ Auto (CHJ), a Beijing-based NEV (new energy vehicle) startup backed by Matrix Partners China’s RMB3 billion (US$435 million) Series B funding, announced on Monday the acquisition of LiFan Mo

The deal further signals that Grab, which has raised nearly $7 billion in funding, will have more business cooperation with its strategic investors.

Chinese car sales were down for the first time since 1992 but new energy vehicles did surprisingly well.

Didi announces restructuring to restore the public’s confidence on its platform.