Skip to content
RetailNews Asia

Topic

#taxi

Every story tagged #taxi on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

99 stories in this topic

ComfortDelGro
General
1 min read

Singapore partner pulls out of Vietnam taxi joint venture

Singaporean transport firm ComfortDelGro has decided to sell its entire stake in the Vietnam Taxi Company to a local company and pull out of Vietnam. Under a deal it has signed, it will transfer its 70-percent stake in Vinataxi to the HCMC-based Helios…

vinasun BJAY QSZN
Living
2 min read

Grab, Vinasun to negotiate $1.8 million compensation dispute

Top taxi firm Vinasun and ride hailing firm Grab have told the court that they’ll negotiate a compensation dispute. The People’s Court of Ho Chi Minh City on Friday approved the litigants’ wish to ‘sit together,’ and temporarily suspended the trial. The…

vingroup zoo
General
1 min read

Vietnam’s Vingroup launches electric taxi service in Indonesia

Vietnam’s Green and Smart Mobility (GSM) JSC officially launched its Xanh SM electric taxi service in Indonesia on December 18. The Green and Smart Mobility JSC, which was established by billionaire Pham Nhat Vuong – founder and chairman of private…

grab uber
Startups
1 min read

Grab no longer buying Trans-cab, Singapore watchdog says

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…

Grab Vietnam
Startups
1 min read

Grab chalks up first profitable quarter, but clouds loom

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…

GSM Taxi
Startups
1 min read

Vietnamese billionaire’s taxi firm to expand to Laos

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…

Grab Vietnam
Startups
4 min read

Motorbike taxi driving unsustainable for laid off workers

More than a few workers made unemployed by increasing layoffs in Vietnam recently have become motorcycle taxi drivers only to realize it’s not a lasting solution. After starting his workday at 5 a.m., at 10 a.m. Le Van Manh had completed only one trip, which…

India Taxi
General
1 min read

Taxi company back in the black after four years

Taxi firm Mai Linh Group reported its first profit of VND1 billion ($42,600) after four years in 2022. Its revenues surged by 57% to VND1.65 trillion on recovering demand for transportation after two years of Covid-19. It posted a loss of over VND270 billion…

uber vs taxi
General
1 min read

Vietnam’s richest man launches electric taxi firm

Pham Nhat Vuong, Vietnam’s richest man, has established GSM, an all-electric taxi operator with a charter capital of VND3 trillion ($126.85 million). Vuong, who is also the chairman of Vingroup, owns a 95% stake in the company. GSM, which stands for “Green,…

vinasun
General
1 min read

Taxi firm Vinasun payroll increases again after 6 years

Vinasun’s payroll increased by 10% last year, the first time since 2016 hires outnumbered layoffs. The leading taxi operator said it had 2,013 employees at the end of last year, 136 more than at the beginning of the year. General director Ta Long Hy said the…