Grab Holdings Ltd
Experience-hailing big Get posts to start with lucrative quarter, announces $500 million share buyback
A attendee walks earlier a banner with a Seize brand ahead of a bell-ringing ceremony as Seize commences investing on the Nasdaq, in Singapore, on Thursday, Dec. 2, 2021. Ore Huiying | Bloomberg | Getty Illustrations or photos SINGAPORE — Get posted its initial-at any time rewarding quarter, raking in $11 million in gain, the […]
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Supply Hero ends talks to market Foodpanda in Southeast Asia after months of negotiations
Insulated food stuff luggage branded with the logo of Foodpanda, a food-shipping and delivery company operated by Supply Hero, sit at the company’s operations heart in Bangkok, Thailand, on Friday, March 16, 2018. Bloomberg | Bloomberg | Getty Photos German meals shipping large Supply Hero announced it has finished negotiations with an undisclosed third celebration […]
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Indonesia's GoTo denies merger talks with trip-hailing rival Get
A Gojek driver seems to be at a smartphone in Jakarta, Indonesia, on Monday, Dec. 11, 2023. ByteDance Ltd.’s TikTok agreed to make investments $1.5 billion in a joint venture with Indonesia’s GoTo Group that it will handle, aspect of a pact that lets the Chinese firm restart its browsing app in its biggest online-retail market place. […]
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Foodpanda confirms layoffs, talks to sell element of its Asia food shipping and delivery company
A courier for Foodpanda, a meal-shipping and delivery services operated by Delivery Hero AG, checks his smartphone while sitting down on a bike at the company’s functions heart in Bangkok, Thailand, on Friday, March 16, 2018. Bangkok’s famed adore affair with meals is spilling about to food-shipping apps, a fledgling sector that Foodpanda projects will […]
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Singapore’s Seize says its journey-hailing device is on observe to strike pre-Covid amounts by the close of the calendar year
Signages at the Seize Holdings Ltd. headquarters in Singapore, on Sunday, Aug. 20, 2023. Get launched earnings benefits on Aug. 23. Photographer: Ore Huiying/Bloomberg via Getty Images Ore Huiying | Bloomberg | Getty Photographs Singapore-primarily based Seize stated on Wednesday that its experience-hailing unit is on track to hit pre-Covid ranges by the finish of […]
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Sea pivoted to development around earnings as it confronted mounting level of competition from TikTok, Lazada, analysts say
Forrest Li, main government officer of Sea Ltd., in Singapore, on Wednesday, May perhaps 3, 2023. Ore Huiying | Bloomberg | Getty Photographs Shares of Southeast Asian tech large Sea plummeted this 7 days after missing profits anticipations and expressing it would concentrate on progress about income — a reversal from latest value-chopping actions in […]
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Meals shipping apps Get and Foodpanda increase into dine-in services as explosive expansion stalls
Prospects dining at Boat Quay in the Central Small business District of Singapore. Bryan van der Beek | Bloomberg | Getty Photographs SINGAPORE — Singapore-primarily based foodstuff shipping and delivery apps Grab and Foodpanda are growing into the dine-in area, as individuals appear to try to eat out a lot more put up-pandemic. Get is […]
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Elon Musk’s X rebrand reignites his purpose to switch Twitter into an application like China’s WeChat
In this picture illustration, Elon Musk’s photograph is displayed on a telephone display in entrance of a laptop display screen displaying the new emblem of ‘Twitter’. Harun Ozalp | Anadolu Agency | Getty Photographs When Elon Musk was in the procedure of acquiring Twitter last year, there was a large amount of discussion about his […]
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Gig personnel are ‘here to stay’: Singapore minister on why they should not be remaining at the rear of
A GrabFood supply rider rides throughout the Jubilee Bridge at Merlion Park on July 2, 2022 in Singapore. (Photograph by Suhaimi Abdullah/NurPhoto by using Getty Illustrations or photos) Nurphoto | Nurphoto | Getty Visuals SINGAPORE — Gig employees in Singapore encounter “vulnerabilities” that need to be resolved, said the country’s manpower senior minister. Speaking to […]
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Grab cuts 1,000 employment, its most significant spherical of layoffs considering that the pandemic
The headquarters of Grab Holdings Ltd., in Singapore. Grab Holdings Ltd., claimed its hottest earnings on Feb. 23, 2023. Bryan van der Beek | Bloomberg | Getty Visuals Singapore-based mostly Seize Holdings is reducing over 1,000 careers, its CEO claimed Tuesday, in a bid to take care of charges and reorganize the corporation in a […]
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