Uber plots expansion in Singapore and Japan despite talk of retreat
In S-E Asia, it faces Grab, whose main shareholder is SoftBank, which also owns 15 per cent of Uber
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
IF UBER Technologies is planning a retreat from Asia, no one told Brooks Entwistle, head of the ride-hailing company's business in the region.
The San Francisco-based company is planning an expansion in Japan and is offering faster booking and cheaper rides to gain share in Singapore, Mr Entwistle said in an interview.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore