Transportation
Are we ready for robo taxis?
Today's time is of technology and more of automation. People are obsessed with technology, and automation has become an integral part of everyone's life. One such automated…
Singapore’s Carro launches assurance certification for used cars
Singapore-based used car marketplace Carro has launched Carro Certified, a technology-backed stamp of assurance certification for their used cars across all key markets, including…
Grab targets group adjusted EBITDA breakeven by second half of 2024
Singapore-based super app Grab Holdings Limited announced Tuesday that it is targeting to achieve breakeven on a group adjusted earnings before interest, taxes, depreciation, and…
Carro expands to Japan through partnership with Softbank
Singapore-based used car marketplace Carro on Tuesday announced its expansion into Japan through a joint venture with SoftBank Corporation (SoftBank). As part of its entry, CARRO…
Malaysia’s Capital A ‘progressing’ with AirAsia Aviation, airasia Super App New York listing plan – report
Capital A Bhd, which owns Malaysia's budget airline AirAsia, is progressing with plans for the listing of AirAsia Aviation Group Ltd and airasia Super App in New York, its chief…
Singapore’s Carro achieves profitability in FY22 as revenue more than doubles
Singapore-based online used car retailer Carro achieved profitability in its last financial year (FY2022) as its revenue more than doubled to S$650 million ($463.49 million). The…
TechNode Global shares research insights on Indonesia EV landscape
TechNode Global has on Monday released the firm’s findings on the electric vehicle (EV) market in Indonesia. Indonesia is home to more than 270 million people, from which its…
Grab’s 2Q revenue rises 79 percent on higher mobility and deliveries contribution
Southeast Asia’s super app Grab announced Thursday that its revenue surged 79 percent year on year to a record high of $321 million, driven by strong growth in mobility and…
Grab Philippines acquires motorcycle taxi firm MOVE IT
Grab Philippines has announced that it has acquired motorcycle taxi firm MOVE IT’s business operations. Backed by Grab and MOVE IT’s shared commitment towards safe and reliable…
Muvmi aims to solve last-mile connection in Southeast Asian cities with greener ride-sharing services, starting with Bangkok
Thailand-based ride-sharing firm Muvmi aims to provide greener first and last-mile connectivity solutions in several cities across Southeast Asia as more major cities here start…
