Tag: ride

Retail Asia17/08/2022
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1min0
Grab canceled its new heatwave surcharge on motorbike rides on July 7 just one day after imposing it, Vietnam Competition and Consumer Authority announced Monday. It had announced a surcharge of VND3,000-5,000 ($0.13-0.21) meant for drivers. The consumer watchdog told the Singaporean ride-hailing company that all fees and surcharges Grab payable by customers must be […]

Retail Asia06/07/2021
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4min0
China’s biggest ride-hailing firm Didi Global said on Sunday that the removal of its “DiDi Chuxing” app from smartphone app stores in China is expected to have an adverse impact on its revenue. Earlier on Sunday, China’s cyberspace regulator ordered app stores to stop offering Didi’s app after finding that the company had illegally collected […]

Retail Asia30/09/2020
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2min0
Russia’s InDriver has become the latest entrant in Vietnam’s growing but fiercely competitive ride-hailing market, joining several foreign and domestic firms in the fray. Starting this month, the company is offering car and motorbike ride-hailing services in the central province of Thua Thien Hue, the southern city of Can Tho, and the northern city of […]

Retail Asia27/01/2020
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5min0
Taxis are refusing to charge by the meter and ride-hailing apps have doubled ‘peak hour’ prices and added surcharges as Tet draws close. Monday evening, five days before the Lunar New Year (Tet), Hoang Viet requested a car on ride-hailing app Grab. He was surprised to find that his 14-kilometer trip from an office block in […]

Retail Asia03/01/2020
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2min0
7-Eleven Malaysia Holding has acquired a 46.45-per-cent equity stake in local delivery firm Myinteractivelab (MSB) for US$1.8 million. According to a SEM’s spokesperson, the company entered into an agreement to accquire 490,030 shares of MSB with founder Nabil Fiesal Bamadhaj, who is the owner of Dego Rides, which launched on January 1. “The subscription represents […]

Retail Asia03/12/2019
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1min0
Uber was stripped of its London operating license on Monday for the second time in just over two years as the city’s regulator said the taxi app was not “fit and proper”, having put passenger safety at risk. A change to Uber’s systems allowed unauthorized drivers to upload their photos to other drivers’ accounts, meaning […]

Retail Asia09/10/2019
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5min0
Ride-hailing giant Grab has followed Russian delivery firm Dostavista and local ride-hailing app Be to invest in express delivery services. The Singapore-based ride-hailing firm announced last week that it plans to invest $500 million in Vietnam over the next five years to expand its transport, food and payment networks. The money will also go towards developing […]

Retail Asia23/05/2019
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3min0
The Ministry of Transport organized the meeting with other ministries, transport operators and associations to collect feedback for the eighth version of the draft decree before presenting it to the prime minister prior to April 15 as scheduled. Many participants at the meeting proposed Grab be listed as an e-charter transport operator. A representative from […]

Retail Asia13/03/2019
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3min0
From an e-hailing app, Grab has made great steps forward, providing many different services. Most recently, it started the payment service GrabPay and lending service Grab Financial. The consumer lending market in South East Asia is very large. As estimated by the World Bank, about 2 billion people in the world cannot access bank services, […]

Retail Asia22/10/2018
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3min0
The ride-hailing market has seen new entrants after Uber’s departure, including Vietnamese firm FastGo, GoViet – a subsidiary of Indonesia’s Go-Jek, and the latest Aber. Aber estimates it will attract 5,000 taxi drivers and 5,000-10,000 motorbike drivers in Hanoi this year. In HCMC, the company is working with 7,000 drivers serving  more than 60,000 customers. […]


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