GRAB is urging its staff to take no-pay leave voluntarily as the novel coronavirus outbreak continues to batter its business. The ride-hailing firm also told its drivers that it may not be able to...

[SINGAPORE] Indonesia's ride-hailing and food-delivery giant Gojek has acquired a mobile point-of-sale startup called Moka for about US$130 million, according to people familiar with the deal.

[BROOKLYN] Uber Technologies Inc told investors that it would have billions of dollars in cash at the end of the year, even in its bleakest estimates about the business's prospects.

[LONDON] SoftBank Group Corp is seeking to raise an additional US$10 billion so its first Vision Fund can support portfolio companies battered by the coronavirus pandemic, according to people with...

[SEOUL] South Korea's parliament on late Friday passed a controversial bill to limit ride-hailing service Tada, dealing a blow to a company that has been a smash hit since its launch in late 2018...

[BEIJING] It was freezing and the streets were slick as substitute driver Liu Pengfei bade farewell to his mother, wife and son before riding into Beijing on his tiny scooter.

[NEW YORK] Ride-hailing firm Uber Technologies Inc said it received over 3,000 reports of sexual assault related to its 1.3 billion rides in the US last year, in a report aimed at ensuring drivers...

[BEIJING] The use of ride-hailing apps is declining in China as operators scale back incentives for drivers, contributing to the slowdown in car sales in the world's biggest auto market, according...

STARTUPS

GOJEK said it will take a measured approach to regional expansion, as it launches what is only its second service in Singapore after a year of ride-hailing operations.

[WASHINGTON] Your mother probably told you never to get in a car with a stranger. The multibillion-dollar global ride-hailing industry depends on your ignoring her. If they want to earn that trust...