Amazon will pay more than $1.2 billion to acquire Zoox, the Foster City, Calif., self-driving technology company, the Financial Times (FT) reported. While the purchase could...
The Estonia-based rideshare unicorn Bolt — Uber’s main competitor in Europe — said it isn’t laying off any workers despite a 75 percent drop in...
To get a sense of how the pandemic can affect companies differently – even competitors in the same vertical, jockeying for position, for mindshare, for...
As if you needed more evidence that the stay at home, all digital world was shattering the “old” economy, or that online platforms have provided...
India’s Ministry of Home Affairs has given the green light to Amazon, Flipkart, Ola, Uber and others to resume their services in some parts of...
On-demand ride-hailing startup Gojek – Indonesia’s most successful unicorn – has purchased the point-of-sale (POS) and payments aggregator Moka for about $130 million. The acquisition...
The chief executive officer for Singapore’s ride-hailing unicorn Grab said business is off, but the platform’s diversified services and liquidity will help drive it through...
Business models show their resilience when they are stress tested — and limitations are spotlighted, too. So it is with verticals such as ride-hailing and...
Investors are asking SoftBank to help align Southeast Asia’s ride-hailing unicorns Grab and Gojek, The Financial Times reported, citing sources. In the past 18 months,...