Pavel Alpeyev, Bloomberg
With a second Vision Fund, Japan has emerged as the dominant driver of key technologies, many of which apply to travel and tourism. While the first staked ridehailing and the future of work technologies, the second is said to eye opportunities in artificial intelligence and autonomous driving.
4 weeks ago
Takahiko Hyuga and Pavel Alpeyev, Bloomberg
Uber wants to grow in Japan, home to its biggest investor. But ridehailing is banned there. What's a person to do? Come up with innovations, some of which it can carry globally. Here's how.
2 months ago
Raini Hamdi, Skift
What if you could use your everyday ridehailing app anywhere in the world? No more cumbersome downloads of another app or losing loyalty points from your app. That’s what Grab wants to achieve with its investment in Splyt. Too good to be true?
2 months ago
Michael Liedtke, Associated Press
Will Waymo pose a serious challenge to Uber with its autonomous ridehailing service? First it has to ensure a robot can do the job as well — if not better — than a human.
2 months ago
Raini Hamdi, Skift
In the face of a fast-growing and innovative rival, Grab’s foray into travel, starting with hotels, could give it an edge over archrival Go-Jek, which does not do travel — yet.
4 months ago
Olivia Zaleski and Eric Newcomer, Bloomberg
Looks like Lyft's initial public offering is already oversubscribed. Investors are willing to overlook its significant losses and forget that strong demand ahead of an offering does not mean success in public markets. As Facebook has shown.
5 months ago
Olivia Zaleski and Eric Newcomer, Bloomberg
Lyft aims for a market valuation of $20 billion to $25 billion, which will make its offering the biggest from a technology upstart since Snap’s IPO two years ago.
5 months ago
Eric Newcomer, Bloomberg
Given the massive bet it has on Uber, SoftBank will want to do all to ensure the ridehailing company's success — including bankrolling Uber’s very expensive self-driving car unit.
5 months ago
Yoolim Lee and Pavel Alpeyev, Bloomberg
Already a major investor in Singapore's Grab, SoftBank is pumping in more big money into the ridehailing company, which is in a two-horse race with Indonesia's Go-Jek to gain dominance in Southeast Asia. We're tightening our seat belts watching this epic battle.
6 months ago
Eric Newcomer, Bloomberg
As the company prepares for its IPO, it wants investors to know that its ambitions are big. But it's hard to imagine scooters becoming wildly popular, and it's an expensive investment, especially at a time when growth of its core business is slowing.
7 months ago
Youlim Lee, Bloomberg
With more players in the market, Singapore no longer sees ridehailing firms as technology, but transport companies which should be subject to the same rules as street-hail operators. Safety is another big issue.
7 months ago
Francine Lacqua and Matthew Martin, Bloomberg
A blessing from Kingdom must be sweet news for Uber, which has been in talks to buy a majority share of its rival in Dubai. Whether it means much remains to be seen.
7 months ago