Transportation

Malaysia’s unicorn Carsome to delay dual-listing plans – report

Carsome, which is also Malaysia's first tech unicorn, has halted work on the planned offerings that were set for this year, the people reportedly said. Carsome may revive the first-time share sales next year if markets improve, they added.

Malaysia’s Capital A mulls US listing

Capital A Bhd, which owns Malaysia's budget airline AirAsia, said Thursday listing in the United States market would be attractive given the liquidity and the diverse investor reach that it can provide.

Tony Fernandes plans US listings for AirAsia airline & super app – report

Capital A, previously known as AirAsia Group, has been aggressively building its digital businesses and super app over the last two years as most of its planes were grounded due to travel restrictions to contain the COVID-19 pandemic. The group has hoped to build its super app, modeling regional tech giants such as Grab’s and Gojek’s super apps which offer…

Grab launches mapping service GrabMaps

Singapore-based super app Grab Holdings Limited announced Wednesday the launch of GrabMaps, a new enterprise service that will allow the company to tap into the $1 billion market opportunity in Southeast Asia per year for mapping and location-based services.

Indonesia’s GoTo expands its sustainability commitments

PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, announced Friday that it has expanded its ‘Three Zeros’ commitments (Zero Emissions, Zero Waste, Zero Barriers) across its ecosystem, forming a consolidated approach and strategy for the company, united behind common sustainability goals.

Feeling ‘super bad’ about economy, Elon Musk wants to cut 10% of Tesla jobs, pauses hiring – report

The message also came two days after the world's richest man told employees to return to the workplace or leave the company.

Airasia Super App launches e-hailing service in Thailand

The Airasia Super App, which was officially launched in Thailand earlier in February announced Tuesday the start of operations for its e-hailing service, Airasia Ride in Bangkok. Thailand becomes the second country for Airasia Ride’s ASEAN expansion, and will offer taxi rides as part of its first phase of entry into the market.

GoTo’s 1Q22 gross revenue grows 53 percent to $357.38m

PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, announced Monday that its gross revenue for the first quarter of 2022 (1Q22) increased by 53 percent year on year to Rp5.2 trillion ($357.38 million), representing an improvement in take rate from 3.5 percent to 3.7 percent due to better monetization in e-commerce and…

GetGo partners HMGICS and CDG ENGIE to accelerate shared and sustainable mobility in singapore

GetGo, the Point A-to-A carsharing platform in Singapore, announced Monday that it has signed two separate memorandum of understandings (MoUs) with HMGICS and CDG ENGIE, commemorating the company’s next major step towards realising its vision of a sustainable and shared mobility ecosystem within Singapore.

Grab Financial Group launches new brand GrabFin

Grab Financial Group (GFG), a Singapore-based fintech platform, announced Monday that it will be launching GrabFin, a new brand for its digital payments, insurance, lending and wealth management offerings. Following its launch in Singapore and Malaysia, the GrabFin brand will be progressively rolled out in other Southeast Asian markets in the coming months.