BANGKOK: On her lunch break, Bangkok office worker Chinapa Payakha emerges from a 7-Eleven store with two plastic bags. One holds a Big Gulp soft drink. The other carries her lunch, with a banana in its own plastic wrapper. “For…
SINGAPORE: Almost lost in the din of the upcoming U.S-North Korea summit and fresh tension between Washington and Beijing last week, India cemented its diplomatic and security ties across Southeast Asia in a clear challenge to China.…
Uber sold its Southeast Asian business to rival Grab, ending a bruising battle between the ride-hailing behemoths and marking the US firm's latest retreat from international markets.
SINGAPORE: Southeast Asia’s biggest ride-hailing firm, Grab, is in advanced negotiations to buy parts of Uber’s business in the region, said a source with knowledge of the talks, in what would be Uber’s second retreat from an Asian market.…
SINGAPORE: Grab, the biggest rival to ride-sharing service Uber Technologies Inc in Southeast Asia, has raised $750 million in a funding round, turning up the heat on the US firm now seeking to expand in the region after exiting China.