carpooling

Like GrabHitch, But On Telegram: This New Carpooling Service Wants To Offer S’poreans A “Cheaper Alternative”

Telegram group called ‘SG Hitch’ offers carpooling services in Singapore It has been set up to help provide a “cheaper alternative” following the termination of late-night GrabHitch services The platform serves only as a “bridge between drivers and hitchers” to facilitate matching Fares are not fixed, and are subject to Czytaj więcej…

Funding

Grab Raises Another US$1.46B From SoftBank – Will Continue Seeking Investors, But Not IPO

Grab announced Wednesday that it has raised another US$1.46 billion, bringing its total funding for the company’s Series H round to US$4.5 billion, making it the largest private fundraising round in Southeast Asia. Toyota Motor Corporation, Booking Holdings, Microsoft Corporation, Ping An Capital, and SoftBank were among the investors. Grab’s president Czytaj więcej…