The Business Times

Ride-hailing

Startups

Grab invests in May Mobility as robotaxi startup expands to South-east Asia

Ride-hailing and delivery services, especially by motorcycles, are a critical part of the transport landscape in Indonesia, especially in big cities.
ASEAN Business

Indonesia in talks with ride-hailing firms to ensure fair competition and drivers’ jobs

The authorities are consulting industry associations to ensure that fares are reasonable for passengers and that cross-border trips are viable for Singaporean drivers.
Singapore

Operating-cost disparity taken into account in setting fares for cross-border taxi services: MOT

CGS International forecasts Grab's financial services segment to achieve operating breakeven by end-2026.
Companies & Markets
BROKER’S TAKE

CGS International upgrades Grab to ‘add’, raises target price to US$7 on financial services turnaround

GSM is bringing its playbook to Laos, Indonesia and the Philippines, and is expected to enter India, where VinFast just opened an EV factory.
ASEAN Business

Vietnam billionaire’s taxi firm takes on Grab in South-east Asia

A Grab spokesperson attributes the elevated rates to a temporary display glitch.
Transport & Logistics

Grab system glitch pushes some fares past S$1,000; company says full refunds made on ‘misconfigured fee’

Lyft is also working towards offering its first driverless rides in Atlanta later this year with May Mobility.
Transport & Logistics

Lyft shares slide on weak sales, disappointing ride totals

Deliveroo tells riders that “the fee for each order is unique” and is based on estimates of time, distance, the rider’s location, time of day, day of the week, the busyness of the restaurant and a number of other factors.
Opinion & Features

Dynamic wages make work a gamble

LTA says the existing quota of the reciprocal Cross Border Taxi Scheme, which allows a licensed fleet of up to 200 taxis from each side to ferry passengers across the Causeway, has not been fully utilised.
Transport & Logistics

No plans to ‘fully liberalise’ cross-border ride-hailing services: LTA

A self-driving Waymo car drives through Los Angeles, California, May 12, 2025. After years of cautious growth, Waymo has recently increased its pace, launching in new cities through partnerships with ride-hailing platforms and fleet operators.
Transport & Logistics

Alphabet’s Waymo to launch autonomous ride-hailing service in Dallas in 2026

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