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Business 5 years ago

Grab raises $300m for fintech arm from investors including Hanwha

It is the first external funding for Grab’s fintech business, which has chalked out ambitious plans in insurance, lending, wealth management and payments.

Business 5 years ago

Gojek in talks with Tokopedia for $18b merger: Bloomberg News

The merged entity would create an Indonesian internet powerhouse with a combined valuation of more than US$18 billion, the report added.

Business 5 years ago

Gojek looks ahead to more self-funding on core businesses' profitability

The on-demand and online payments service super app says that it is headed toward business sustainability with its core businesses attaining profitability this year.

Business 5 years ago

Gojek launches website to boost digitalization among micro, small businesses

Gojek stated that there were 500,000 merchants in its ecosystem, 90 percent of which are MSMEs.

Business 5 years ago

Uber calls for new deal for 'gig economy' workers

Uber outlined proposals Monday for a new type of relationship with "gig" workers, including its own drivers, that would keep them as independent contractors but with some guaranteed benefits.

Business 5 years ago

Gojek appoints former Amazon senior engineer as CTO

Severan Rault, who started his career at Gojek earlier this year as the head of engineering of the company’s marketplace, is replacing Ajey Gore, who stepped down in June after five years serving as Gojek’s chief technology officer.

Business 5 years ago

Uber to buy startup Postmates to extend delivery footprint

Uber said Monday it was buying delivery startup Postmates for US$2.65 billion in stock.

Business 5 years ago

Pandemic pushes Gojek, Grab to hit pause on ‘super-app’ dream

Grab announced that it would lay off 360, just under 5 percent, of its region-wide employees due to the pandemic while Gojek did a headcount cut of 430 workers.

Business 5 years ago

Indonesian ride-hailing, payments firm Gojek to announce layoffs: Sources

Gojek is finalizing an investment round of more than $3 billion at a valuation of $10 billion, joined by Facebook and previous investors Tencent and Google.

SE Asia 5 years ago

'Fifty drivers fight for one order': Southeast Asia gig economy slammed by virus

Drivers for Gojek and Grab, which is backed by SoftBank Group, in Indonesia, Vietnam and Thailand told Reuters they've similarly struggled, with income slashed by more than half as the pandemic batters Southeast Asia.

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ride-hailing-application

Grab raises $300m for fintech arm from investors including Hanwha

Gojek in talks with Tokopedia for $18b merger: Bloomberg News

Gojek looks ahead to more self-funding on core businesses' profitability

Gojek launches website to boost digitalization among micro, small businesses

Uber calls for new deal for 'gig economy' workers

Gojek appoints former Amazon senior engineer as CTO

Uber to buy startup Postmates to extend delivery footprint

Pandemic pushes Gojek, Grab to hit pause on ‘super-app’ dream

Indonesian ride-hailing, payments firm Gojek to announce layoffs: Sources

'Fifty drivers fight for one order': Southeast Asia gig economy slammed by virus

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