InsightsIs SoftBank Really Orchestrating A Merger between Uber and Didi Chuxing?At the end of the day, SoftBank is the winner in ride-hailing. 3 mins read
The sellout will include both Uber’s hailing business and Uber Eats in the region. NewsGrab Reportedly Announces Buying out Uber SEA Business Next Monday2 mins read
Plus, Alibaba injects another USD 2 billion in Lazada and kicked off a discount app in China. NewsKrASIA Daily: Uber Halts Driverless Car Pilot Programs after Deadly Accident4 mins read
Didi Chuxing is likely to provide a platform where automakers will provide cars for rental. NewsDidi Chuxing Kicking off Car-Rental Service and Who Still Wants to Own A Car?3 mins read
In China, the market for urban distribution is expected to be worth RMB 800-1000 billion. NewsDeals | GLP Invests in Juma Logistics, Adopting Internet + Fleets Model to Provide Urban Distribution2 mins read
China’s tech mogul Tencent is now behind both Go-Jek and Grab. NewsDeals | Update: Go-Jek Raises Higher-than-Expected USD1.5 Billion From Google, Temasek and Tencent in Upcoming Expansion to Grab’s Home Turf3 mins read
China is the world’s largest EV market and Tesla holds a 3 percent market share. NewsTesla Lags Behind Its Plan to Capitalize on China’s EV Market, Struggling to Land Shanghai Factory2 mins read
Didi users in mainland China, Taiwan and Hong Kong will be able to tap into their Didi app for taxi-hailing in the city. NewsDidi Rolls Out Taxi-Hailing in Hong Kong, Building up Global Expansion Momentum2 mins read
Highlights from the past week, as well as something cool for the weekend. NewsKrASIA Weekly Roundup2 mins read