Transportation

Grab announces three ESG goals for sustainable and inclusive growth

Grab, the Singapore-based superapp, announced Thursday three goals to drive sustainable and inclusive growth in Southeast Asia. The new goals are doubling the number of…

SoftBank Ventures Asia leads South Korean Seadronix’s $5.8M new funding round

SoftBank Ventures Asia, the early stage venture capital arm of Japanese conglomerate SoftBank Group, announced Tuesday its participation in a $5.8 million new funding round of…

China’s EV maker NIO announces proposed secondary listing on Singapore Exchange

China-based electric vehicle maker NIO Inc announced on Thursday it has received conditional approval from the Singapore stock exchange for its proposed secondary listing in the…

Singapore e-scooter operator Neuron Mobility raises $43.5M to fuel rapid international expansion

Neuron Mobility, a Singapore-based shared e-scooter and e-bike operator, announced Wednesday it has successfully raised $43.5 million in Series B funding, follows 19 months of…

Vietnamese electric motorbike startup Dat Bike raises $5.3M in Series A led by Jungle Ventures

Dat Bike, a Vietnamese electric motorbike startup, announced Thursday a $5.3 million Series A fundraise led by Jungle Ventures with participation from existing investor Wavemaker…

FamilyMart makes strategic investment in Japanese e-scooter sharing firm Luup

Japan-based convenient store chain FamilyMart Co.,Ltd. announced Friday that it has made a strategic investment in Luup, Inc. a Japanese e-scooter and e-bike sharing service…

Sunway iLabs, Carsome to launch Malaysia’s first auto ecosystem accelerator

Sunway Innovation Labs (iLabs), the innovation arm of Malaysia conglomerate Sunway Group announced on Friday a joint partnership with Carsome, Southeast Asia’s largest integrated…

Vietnam’s Vinfast integrates Amazon Alexa Voice AI into electric vehicles

VinFast, the electric vehicle manufacturer of Vietnam-based Vingroup, announced Thursday its plans to integrate the Amazon Alexa voice experience into its vehicles beginning in…

Singaporean ride-hailing app Ryde to launch community NFT project

Singaporean ride-hailing app Ryde said Friday it will be launching the non-fungible token (NFT) project as part of its efforts to grow and strengthen its community of users. The…

Japan e-scooter sharing operator Luup raises $8M through debt and asset financing

Luup, Inc, a Japan-based sharing service of electric micromobility including e-scooters and e-bikes, said Wednesday it has raised a total of 1 billion yen ($7.97 million) through…