GrabTaxi has set up an R&D centre in Seattle, but said its Singapore centre will continue to be the core of its engineering activities.
Indonesia’s Transportation Ministry has reversed an earlier decision to ban ride-sharing apps, after even the country’s president expressed his disagreement, while consumers were up in arms.
GrabTaxi, Didi Kuaidi, Lyft and Ola have announced partnerships that expand the global rideshare agreement Lyft and Didi Kuaidi formed in September.
Singapore-based startup Ryde Technologies Pte Ltd, behind the ‘Ryde’ carpool app, said it has raised S$1.5 million (approximately US$1 million) in seed round funding from “strategic angel and private investors.”
Singapore-headquartered startup GrabTaxi has announced a new ride-sharing service in the Lion City called GrabHitch, which will allow drivers with extra space to pick up passengers heading the same way.
Singapore’s Third Party Taxi Booking Service Provider Act has been in effect since Sept 1, bringing legislative oversight into the grey area which startups like GrabTaxi and Uber currently operate in, while the Government is also looking into ride-sharing services.
There was less buzz than usual when GrabTaxi raised its largest round so far, a whopping US$350 million! Is it a case of funding fatigue, or because GrabTaxi is an entirely different creature now, DNA founder Karamjit Singh ponders.
San Francisco-based startup Uber has praised the Philippines’ Department of Transportation and Communication (DOTC) for its new guidelines which would pave the way for the legal use of ride-sharing smartphone applications.
The existence of many ride-sharing and carpooling companies did not prevent new kid on the block Tripda from setting up a presence in Malaysia as well as other markets around the world.