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The latest index from StartupBlink ranks Singapore as a vibrant player in the global startup arena, trailing behind Israel, Britain, and the United States. Since 2020, Singapore’s ascent has been remarkable, jumping 12 spots to become one of the…
The exciting landscape of ride-hailing in Vietnam just got a little more dynamic. Lalamove, a Hong Kong-based logistics company, recently launched its ride-hailing services in Ho Chi Minh City, which are available for both motorbike and car rides (four- and…
Grab is stepping into the spotlight with plans to acquire GoTo, Indonesia’s dynamic tech giant, in a deal tantalizingly pegged around $7 billion. According to sources, the Singaporean-based company has enlisted advisors to navigate the intricacies of this…
Criminal charges have been filed against global food-delivery platform HelloFresh’s New Zealand business for misleading customers about the subscriptions to its service. The Commerce Commission alleges that between February 2022 and July 2023, HelloFresh…
Dufour Aerospace, the pioneering Swiss drone manufacturer, announced a major milestone: the completion of its first flight test campaign with a hybrid-electric system designed in-house for its Aero2 drone. The Aero2 flew several test flights in Zurich, with…
Bolt, Europe’s first homegrown ride-hailing company and Uber’s main competitor in the continent, is now recruiting management staff and drivers in HCMC. The company’s website, which now offers Vietnamese as a language option, allows candidates to register as…
Ride-hailing operators Grab, Gojek, TADA and CDG Zig in Singapore will hike their platform fees by up to 50 Singapore cents (37 U.S. cents) starting Jan. 1, 2025. Grab, the largest ride-hailing firm, will raise its platform fee from 70 cents to 90 cents per…
Singapore fintech startup Tyme Group has secured a US$250 million investment, which it calls the “largest fintech raise this year in Southeast Asia,” giving it a valuation of $1.5 billion. The company received the investment from Brazil-headquartered lender…
Chipmaker Nvidia is recruiting engineers and managers for its operations in Hanoi, where it seems set to design and produce graphic processing units. It is seeking to fill nine positions, including those of IT, senior production support and system test design…
So much is happening in the Middle East right now and the other thing is that Apple is expanding in Saudi Arabia. The Cupertino giant is set to launch its first online store in Saudi Arabia in summer 2025, followed by multiple flagship physical stores…
Tech giant Apple plans to invest $1 billion in a manufacturing plant in Indonesia that produces components for smartphones and other products, Indonesia’s investment minister said on Thursday. In October, Indonesia banned sales of the iPhone 16 because it…
Indonesia said a $100 million investment proposal from Apple to build an accessory and component plant was not enough for the country to allow the tech giant to sell its latest iPhone model, its industry ministry said on Monday. Indonesia in November banned…
A 33-year-old man, Muhammad Fariz Shaik Sha Marican, scammed his employer out of more than SGD24,000 (US$17,950) by forging over 460 Grab receipts and false timesheets. On Tuesday, he pleaded guilty to two charges of forgery, with two additional charges to be…
Singapore’s Grab Holdings raised its forecast for fiscal 2024 revenue on Monday, as the Southeast Asian tech firm anticipates robust growth in its food delivery and ride-hailing businesses during the busy holiday season. US-listed shares of the company jumped…
Grab is now “stronger than ever” after 10 years of operations in Vietnam, its country chief said in the wake of competitor Gojek’s exit from the market. It now has more users and partners than ever, Alejandro Osorio, managing director of Grab Vietnam, said at…
Philippine regulators have launched an investigation into the alleged robbery and sexual assault of a Vietnamese woman who booked a ride using the Grab ride-hailing app. The Philippines’ Land Transportation Franchising and Regulatory Board has requested the…
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