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Uber ramps up fight for Southeast Asia after China retreat

Uber Technologies Inc. is redeploying 150 engineers from China to other key markets such as Southeast Asia after agreeing to sell its business in the world’s most populous nation. The company's San Fr ...More

EJ Insight2016-08-03

Delphi, Singapore to launch test of self-driving taxis

... including Uber Technologies Inc. and Lyft, which is collaborating with General Motors Co. -- Contact us at [email protected] RA/CG ...More

EJ Insight2016-08-02

Uber cedes to rival Didi after bruising China battle

After a bruising two-year battle, ride-hailing firm Uber is selling its China operations to bigger local rival Didi Chuxing. The merged entity is worth around US$35 billion, based on Didi's most recen ...More

EJ Insight2016-08-02

Hong Kong startups: How they go wrong

...  Groupon, Uber or Bitcoin, and that he wouldn't be surprised to come across a Pokémon Go wannabe soon. The lack of originality is the reason why Hong Kong startups cannot break the glass ceiling and a ...More

EJ Insight2016-08-01

Tap-beep-go: Apple Pay hits HK with full array of partner brands

...  Pacific, Uber and many others.  (The full list of participating brands is on Apple’s official website.) Now it’s safe to say the Cupertino, California-based tech giant wants Hongkongers to forgo the ...More

EJ Insight2016-07-21

How the millennials lost the Brexit vote -- and their future

... irbnb and Uber hit the young particularly hard, both as producers and as consumers. If we do not change course soon, subsequent generations will confront self-reinforcing economic, financial and polit ...More

EJ Insight2016-07-19

Toyota gets Uber blowback from outraged Japanese taxi drivers

Toyota Motor Corp. raised an outcry among Japan's taxi drivers after it forged a strategic alliance with ride-sharing service provider Uber Technologies Inc. in May. The Japan Federation of Hire-Taxi ...More

EJ Insight2016-07-12

Uber rival Grab fast expanding in Southeast Asia

While Uber Technologies Inc. is caught in intense competition with local ride-hailing services in China and India, a Singapore-based startup is fast expanding its reach in Southeast Asia, the Wall Str ...More

EJ Insight2016-07-05

How businesses and investors can ride the cloud computing boom

... d such as Uber and AirBnb are examples of companies which have leveraged the cloud to disrupt the transportation and hospitality industry respectively. Logistics companies such as UPS and FedEx have a ...More

EJ Insight2016-06-29

Why the premium taxi pilot scheme is just another hoax

... rrival of Uber, a game changer that has toppled the traditional taxi industry in almost every major city across the globe. Despite the repeated crackdowns by police, Uber has been able to establish it ...More

EJ Insight2016-06-27

Premium taxi initiative: Too late, too little

... apps like Uber and DiDi, whose services they can rate after each ride. The customer ratings would directly affect the popularity and income of a driver. But will that be the same case with the drivers ...More

EJ Insight2016-06-17

Didi now third most valuable private company after fundraising

Uber's Chinese rival Didi Chuxing Technology Co. is fast going up in the sharing economy with a valuation close to US$28 billion after it raised US$4.5 billion in a round of funding. That puts the rid ...More

EJ Insight2016-06-16

Apple opens Siri to outside developers

Apple announced Monday that it will be opening its Siri digital assistant to outside developers, a move that will allow users to activate apps such as Uber and Skype with voice commands At its Worldwi ...More

EJ Insight2016-06-14

Singapore’s Grab app can now hail Lyft cars in US

A global ride-sharing alliance between rivals of Uber Technologies Inc. shifts into a higher gear Thursday, when users of a popular Southeast Asia-focused transport app can begin making car bookings v ...More

EJ Insight2016-06-02

Uber raises US$3.5 bln from Saudi sovereign wealth fund

Ride-hailing service provider Uber said it has raised US$3.5 billion from Saudi Arabia's sovereign wealth fund, gaining a crucial partner in its expansion into the Middle East. The investment from the ...More

EJ Insight2016-06-02

EU cautions governments against banning Uber, Airbnb

European Union governments should not ban services like home-rental site Airbnb or ride-hailing app Uber except as a last resort, the EU said in new guidelines aimed at reining in a crackdown on the " ...More

EJ Insight2016-06-01

Why the new taxi app will not make the service better

... s such as Uber and Cetah. But applying this to taxi drivers won’t change fundamental problems with the industry, Li said. At the root of the bad service many passengers experience with taxis is income ...More

EJ Insight2016-05-24

Selling in the digital era

... irbnb and Uber that are utilizing shared resources and creating online communities. It takes a lot of hard work to create a successful business and bring customers back again and again to a platform a ...More

EJ Insight2016-05-20

Chinese ride-hailing giant Didi eyeing 2018 US listing

...  company, Uber Technology's main rival in China, has received a US$1 billion investment from Apple Inc. Didi has ruled out a stock market flotation in China, the source said. There are nearly 800 comp ...More

EJ Insight2016-05-17

New agent for private equity: crowdfunding

The development of internet-based businesses has removed the role of the middleman in many sectors. Uber and Airbnb are two examples. Private equity (PE) and venture capital (VC) used to rely heavily ...More

EJ Insight2016-04-29

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