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Splyt wants to connect the world’s ride-hailing apps for easy international roaming
The vision of a universal global ride-hailing service is over. Uber’s decision to exit markets like China, Southeast Asia and…
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China’s Didi reportedly lost a staggering $1.6 billion in 2018
China’s largest car-hailing company is facing relentless pressure from all fronts. Beijing-based Didi Chuxing reportedly lost a staggering 10.9 billion…
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The end of China’s ride-sharing gig
Over the last few years, millions of Chinese workers managed to earn extra money by being ride-hailing drivers. Many picked…
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SoftBank’s Vision Fund is preparing to invest $1 billion in Grab
SoftBank’s Vision Fund is set to continue its recent spree of investments in Asian tech unicorns. The mega fund —…
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BMW’s premium ride-hailing service is now live in China
BMW has joined a handful of automakers to compete with transportation upstart Didi Chuxing, which bought Uber’s Chinese business in…
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Meituan, China’s ‘everything app’, walks away from bike sharing and ride hailing
A major player in the race to transport Chinese people around is losing steam. Meituan Dianping, the Tencent-backed all-encompassing platform…
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Monashees raises $150 million for its eighth Latin American fund
As technology investment and exits continue to rise across Brazil, early stage venture capital firm monashees today announced that it…
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SoftBank and Toyota team up to develop services powered by self-driving vehicles
SoftBank is getting into self-driving car services after the Japanese tech giant announced a joint-venture with Toyota in its native…
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Singapore is the crypto sandbox that Asia needs
Singapore Blockchain Week happened this past week. While there have been a few announcements from companies, some of the most interesting…
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