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Indonesian ride-hailing and delivery company Gojek has announced it will stop operating in Vietnam starting Sept. 16 after 6 years in the market. – It said the decision, made by its parent company GoTo after assessing its market presence in Vietnam, aims to…
Grab, Southeast Asia’s biggest ride-hailing and food delivery firm, has called off its proposed acquisition of Singapore’s third-largest taxi operator, Trans-cab, according to a statement from Singapore’s competition watchdog. The Competition and Consumer…
Singapore-based ride-hailing company Tada will expand to Hong Kong in November with up to 4,000 vehicles as part of a collaboration with local taxi firms. “Singapore and Hong Kong share many similarities, which allows us to bring what we have learnt from our…
According to the Vietnam Internet Network Information Center, only 25% of businesses in Vietnam have a website with a national domain, compared to over 70% in Europe. Amid a growing trend of omnichannel commerce, many retailers invest only in social media and…
IT engineers with AI skills earn around 11% higher than those without, a study has found. The report by Levels.fyi, a platform that provides salary data in the U.S., shows that AI engineers make 8.57% more at the entry level than non-AI ones. The gap widens…
Information technology education in Vietnam tends to focus on breadth rather than depth, so few people can or choose to stay in the field after turning 35. Recently, I came across a reader’s account sharing an interesting perspective. According to this…
Holding a high school diploma from Canada and a university degree in Chinese commerce language from China, Tat Dat has faced difficulties securing a fulfilling job upon his return to Vietnam. After moving back to his hometown of northern Quang Ninh province…
Grab Holdings reported its first quarterly profit on Thursday and unveiled a maiden share repurchase program, but the ride-share and food-delivery firm’s weak annual sales forecast fanned growth worries and weighed on its shares. While the Singapore-based…
Deliveroo today announced the appointment of Nick Price as General Manager for Deliveroo’s operations in Hong Kong. In his role, Nick will oversee Deliveroo’s business in Hong Kong, with a focus on growing the business and further establishing Deliveroo in…
Many IT employees are being laid off or forced to quit and struggling to find new jobs due to a decline in demand due to the economic downturn. After a payment project was unexpectedly canceled in July as the company, a big tech brand in HCMC, no longer had…
GSM, an exclusively all-electric taxi company owned by Vietnam’s richest man Pham Nhat Vuong, plans to open services in Laos this year. The company, which uses only VinFast electric vehicles, aims to ship 150 electric cars to Laos first, and then increase the…
Delivery Hero is in advanced talks on a partial sale of its Asia business, the Wirtschaftswoche business magazine reported, saying Singapore’s Grab could pay a little more than US$1.07 billion. The Berlin-based company could sell its activities under the…
Cake by VPBank and VinFast are working together to provide e-bike purchase loans at 0% interest, benefiting both customers and promoting environmental protection in line with green consumption trends. With this loan package, the customer experience will be…
Singapore-based sneaker marketplace Novelship has bagged US$9.5 million in its Series B funding round led by East Ventures, iGlobe Partners, and GSR Ventures. The company said the new funds will be used to accelerate its expansion plans in Southeast Asia,…
A gap between IT engineers’ skill levels and market requirements is making 150,000-200,000 of them unemployable every year, a report by IT jobs platform TopDev warns. The recently published “Vietnamese IT market report in 2023” on TopDev says most recruiters…
Deliveroo today announced the launch of its new advertising platform, Deliveroo Media and Ecommerce, in Hong Kong. From now, brands will be able to advertise to Deliveroo customers with relevant offers across its app, on Deliveroo’s website and as part of…
