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Uber Is Losing to Grab in Southeast Asia

The Uber of Singapore has figured out how to make ride-sharing work in the developing world: rethink everything.
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See more about: Southeast Asia

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Grab goes with nuTonomy on Southeast Asian self-driving service

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Grab, ofrmerly GrabTaxi, one of Uber’s main competitors in Southeast Asia, announced on Friday plans to partner with nuTonomy, a MIT spin out that last week received clearance to trial a self-driving shuttle service in Singapore’s o...

Grab to raise $2.5 billion warchest to cement its lead over Uber in Southeast Asia

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(Reuters) — Southeast Asian ride-hailing service Grab expects to raise $2.5 billion in a record round of fundraising to cement its lead over Uber in the region and grow its payments platform. Southeast Asia has become a key battlegr...

Grab to fight Uber in Southeast Asia with $100M investment in startups

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Grab is upping its battle against Uber in Southeast Asia by announcing a flurry of new initiatives in Indonesia, the region’s largest economy and world’s fourth most populous country, which include setting aside $100 million to inve...

Uber’s Asian rival is testing self-driving cabs in Singapore

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Last month, MIT spin-out firm Nutonomy launched a pilot test of its self-driving cabs in Singapore. Now, it’s teaming up with Grab, Uber’s rival in Southeast Asia, to extend the trial with a larger user base. TechCrunch notes that t...

Grab bags $750 million round as Uber’s competition in Southeast Asia gets tougher

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SINGAPORE (By Aradhana Aravindan, Reuters) — 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 U.S. firm now seeking to ex...


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