Week in Review: Speed is not a thrill but a necessity
Broadband related news dominates this week’s news on DNA with the Malaysian Government recognising that speed matters greatly, while in Singapore, leading telco Singtel is taking it up a few notches by starting a pilot service that will offers customers up to 10Gbps speeds!
Easy Taxi in further retreat from Asia? (Updated)
Thailand-based freelance journalist Susan Cunningham looks into the latest tribulations faced by Rocket Internet-fuelled and once high-flying Easy Taxi.
Easy Taxi launches Premium service with private hire limos in Singapore
Easy Taxi has launched its ‘Premium’ service in Singapore, with additional cars – six- and seven- seater limousines from partner companies – that it said would boost the supply of vehicles for hire, especially during peak hours and weekends.
Week in Review: ‘Tis not the season to be jolly
Economic reality bites Internet companies, and the final DNA-TeAM Disrupt of 2014 advises entrepreneurs to raise their next round – fast.
Easy Taxi scales down Malaysian ops, layoffs begin
20 to 30 members of Malaysian team told they would be laid off Company withdraws from India, Hong Kong and Indonesia; regional executive leaves
Singapore’s LTA moves to regulate taxi-booking apps
In a move to “safeguard commuter safety and interests,” the Land Transport Authority (LTA) of Singapore has introduced a basic regulatory framework which is expected to come into effect by the second quarter of 2015.
Easy Taxi pledges solidarity with cabbies, unveils ‘iconic’ experience
With car-booking service Uber under pressure from the authorities in Malaysia, taxi-booking startup Easy Taxi said it would be investing in upgrading taxis within its network and rolling out competitive incentive plans for drivers.
UberX marks official debut in KL amidst challenges
Low-cost service offers fares 15% lower than budget taxis on average Uber enjoying growing popularity in KL, but possible regulatory issues
Easy Taxi raises US$40mil from new investors
Rocket Internet’s Easy Taxi, a mobile taxi app available in Latin America, Africa, the Middle East and Asia, said it has secured US$40 million in Series D funding led by the Russian Phenomen Ventures and with the participation of Tengelmann Ventures, the investment company of German retail giant Tengelmann Group.
Week in Review: A home run missed by GrabTaxi
Karamjit Singh still can’t shake off his disappointment that GrabTaxi did not reveal its Series A amount. Is he making a mountain out of a molehill?