The merger, the biggest blank-check company deal ever, underscores the frenzy on Wall Street as shell firms have raised $99 billion in the United States so far this year after a record $83 billion in 2020
Grab and rival Indonesia-based Go-Jek are evolving from ride-hailing app operators to become one-stop shops for services as varied as payments, food delivery, logistics and hotel bookings
MANILA/KUALA LUMPUR: Philippines and Malaysia said on Monday they will look into whether Uber Technologies’ move to sell its Southeast Asian business to ride-hailing...
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: Ride-hailing firm Uber has agreed to sell its Southeast Asian business to the region’s bigger rival Grab, a source with direct knowledge of...
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...
KUALA LUMPUR: Malaysia's parliament on Thursday passed two bills that will legalize e-hailing services, as ride-hailing firms Grab and Uber race to expand in...
Users of ride-hailing firm Grab will be able to book driverless cars from Friday as it partners with a start-up testing the technology in Singapore, just days after rival Uber debuted its self-driving vehicles in the United States.
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.
ISLAMABAD: Federal Information Minister, Pervez Rasheed has said that Imran Khan's entire struggle these days is aimed at 'grabbing' a single National Assembly seat from Karachi, ARY News reported.
CUIABA, Brazil: Cristiano Ronaldo's Portugal seized a World Cup lifeline with a dramatic stoppage-time equaliser to secure a 2-2 draw against the United States after highly-fancied...