March 01, 2023
Is B2B the Logical Next Step for Instacart and Aggregators?
For Instacart specifically, and for the aggregators generally, the move into B2B is a natural one. Think of it this way: It’s not a stretch to go from delivering groceries,...
February 23, 2023
Ant Group Profit Falls 83% After China Tech Crackdown
China’s Ant Group’s quarterly profits plummeted following a long-term crackdown on the country’s tech sector. The FinTech contributed $145 million to its affiliate Alibaba’s earnings, according to a Thursday (Feb....
February 23, 2023
Grab Sees Super App Synergies as Deliveries and Payments Services...
For Grab, cross-platform pollination is in evidence as more users use more services more often. The company, which has its roots in ride-hailing and now operates in eight countries across...
February 22, 2023
Planet42 Raises $100M to Expand Rent-to-Own Car Fleet
Rent-to-own car startup Planet42 hopes to add to its fleet after raising $100 million. The South African company also hopes to use the capital to reach its goal of providing...
February 20, 2023
inDrive Global Mobility Platform Raises $150M to Challenge Uber
Global mobility and urban services platform inDrive has raised $150 million for its continued expansion. The firm, which was formerly known as inDriver, said in a Monday (Feb. 20) press...
February 20, 2023
Key Lessons from the Rise of Antitrust Enforcement in South-East...
By Elsa Chen, Scott Clements & Daren Shiau1 I. Antitrust Laws in South-East Asia The Association of Southeast Asian Nations, or “ASEAN,” comprises ten Member States: Brunei, Cambodia, Indonesia,...
February 13, 2023
CE 100 Index Sinks as Affirm Leads Payment Names Down...
The CE 100 Index slipped in a week dominated by earnings, retracing gains made earlier in the month. The Index was down 4.5% overall, yet still has made a strong...
February 10, 2023
Lyft Stock Decline Draws Sharp Contrast to Uber’s Broader Platform...
The Uber versus Lyft battle illuminates a stark reality as the pandemic recedes: The broader the platform — the more opportunity for users (and drivers) to pivot between activities without...
February 08, 2023
Uber Sees Q4 Bookings Boost as Members Move Beyond Ride-Hailing
“The pandemic’s impact on our mobility business is now well and truly behind us.” Uber CEO Dara Khosrowshahi struck a positive tone on the most recent earnings call Wednesday (Feb. 8),...