Singapore’s Tada ramps up US push, eyes Africa as Grab-GoTo merger looms
The company is looking to raise US$100 million in investment to support its growth in existing and new markets
Add BT as a preferred source
[SINGAPORE] As Grab and GoTo edge towards a potential merger that could redraw the region’s ride-hailing map, rival platform Tada is accelerating its global expansion plans spanning the United States and Africa.
After entering Denver in the US state of Colorado last July, the zero-commission ride-hailing firm is preparing to launch in New York City and raise fresh funds to enter Africa in 2026.
Rather than launch independently, Tada opted for a partnership-led entry into the US.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Is it time to scrap COE categories for cars?
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Former manager with DBS Bank admits cheating 7 victims, including his uncle, of over S$1 million
