Transportation

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.

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 marginalised individuals earning income on its platform by 2025; reaching 40 percent female leadership by 2030, and achieving carbon neutrality by 2040.

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 Seadronix, a next-generation, artificial intelligence (AI)-powered solution for the maritime industry that develops autonomous navigation and assistant systems in South Korea.

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

The company has received a conditional eligibility-to-list letter (ETL) from the Singapore Exchange Securities Trading Ltd on May 5, 2022.

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 significant growth and brings the company’s total funding to $77.7 million. The investment round was co-led by global venture firms GSR Ventures and Square Peg. Also joining the round…

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 Partners, bringing the total fundraise by the company since inception to $10 million.

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 provider. Through this partnership, the two companies will begin full-scale collaboration, including the installation of LUUP ports at FamilyMart stores and joint marketing effort.

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

VinFast, the electric vehicle manufacturer of Vietnam-based Vingroup, on Thursday announced plans to integrate the Amazon Alexa voice experience into its vehicles beginning in 2022. The collaboration with Amazon, announced at the 2022 New York International Auto Show, will integrate Alexa services into the VF 8 and VF 9 all-electric sport utility vehicles…

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 company will also expand the range of crypto payment options for its users to top up their in-app Ryde wallets.