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South Korea’s KakaoBank to secure 10 percent stake in Superbank
Companies 1 year ago

PREMIUM
South Korea’s KakaoBank to secure 10 percent stake in Superbank

The rebranded Indonesian digital bank plans to launch its app later this year.
Indonesian superapps trim services to stay competitive
Tech 1 year ago

PREMIUM
Indonesian superapps trim services to stay competitive

At least two major Indonesian superapp firms have cut down the services they offer in favor of their...
Deliveroo partners Gojek to challenge Grab's dominance in Singapore
Tech 1 year ago

Deliveroo partners Gojek to challenge Grab's dominance in Singapore

This is the second collaboration here between a food-delivery company and a ride-hailing service, fo...
Grab to buy Singapore's taxi company Trans-Cab
Companies 1 year ago

Grab to buy Singapore's taxi company Trans-Cab

It would make Trans-Cab the first Singapore taxi company to be acquired by US-listed Grab, which has...
Grab fires 1,000 employees in largest mass layoff since COVID-19
Companies 2 years ago

PREMIUM
Grab fires 1,000 employees in largest mass layoff since COVID-19

Grab's latest layoff is the tech giant's biggest since the pandemic, and follows in the foot...
Grab-backed digital bank lends to GrabCar rental partner
Companies 2 years ago

PREMIUM
Grab-backed digital bank lends to GrabCar rental partner

Aside from Grab, Superbank is backed by local conglomerate Emtek Group and Singapore-based telecommu...
Caution about IPOs as tech firms must prove their worth
Tech 2 years ago

PREMIUM
Caution about IPOs as tech firms must prove their worth

The fact that trillions of dollars were wiped off tech company valuations around the world last year...
Southeast Asian food delivery GMV growth plunges to 5 percent
Tech 2 years ago

PREMIUM
Southeast Asian food delivery GMV growth plunges to 5 percent

Despite the overall shift in consumer trend to online services during the pandemic, the region's...
Ride-hailing firms oppose idea to class them as transportation companies
Companies 2 years ago

PREMIUM
Ride-hailing firms oppose idea to class them as transportation companies

The fate of Indonesia’s ojol (online ride-hailing) firms is on the line, as lawmakers seek to ...
Gig drivers fear hardship after fuel price hike
Society 2 years ago

Gig drivers fear hardship after fuel price hike

A 30 percent hike in fuel prices spurred hundreds of drivers of the most popular ride-hailing apps t...
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