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Microsoft invests in Grab to bring AI and big data to on-demand services – TechCrunch

Microsoft invests in Grab to bring AI and big data to on-demand services – TechCrunch Microsoft has made a strategic investment in ride-hailing and on-demand services company Grab as part of a deal that includes collaborating on big data and AI projects. Under the agreement, Singapore-based Grab will adopt Microsoft …

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Tencent backs fintech firm Voyager to set up battle with Alibaba in the Philippines – TechCrunch

Tencent backs fintech firm Voyager to set up battle with Alibaba in the Philippines – TechCrunch China’s internet battle is rapidly reproducing itself in Southeast Asia. One new hotspot is the Philippines, where Tencent just agreed to invest in Voyager, a fintech business started by telecom firm PLDT. The deal …

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SoftBank and Toyota team up to develop services powered by self-driving vehicles – TechCrunch

SoftBank and Toyota team up to develop services powered by self-driving vehicles – TechCrunch SoftBank is getting into self-driving car services after the Japanese tech giant announced a joint-venture with Toyota in its native Japan. SoftBank is invested in Uber and a range of other ride-hailing startups like Didi in …

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Go-Jek is close to launching a ride-hailing service in Singapore – TechCrunch

Go-Jek is close to launching a ride-hailing service in Singapore – TechCrunch Indonesia’s ride-sharing startup Go-Jek plans to land in Singapore, its arch-rival Grab’s front lawn, as soon as this month as its regional expansion program gains speed, TechCrunch has come to understand. Go-Jek has grown to become a $5 …

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In-car commerce startup Cargo raises $22 million led by Founders Fund – TechCrunch

In-car commerce startup Cargo raises $22 million led by Founders Fund – TechCrunch Cargo, the startup that helps ridesharing drivers earn money by bringing the convenience store into their vehicles, has raised $22 million in a Series A round led by Founders Fund . Additional investment came from Coatue Management, Aquiline …

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China’s Didi Chuxing launches taxi-hailing service in Japan – TechCrunch

China’s Didi Chuxing launches taxi-hailing service in Japan – TechCrunch China’s Didi Chuxing is fighting fires at home around passenger safety, but overseas the ride-hailing giant has moved into another new market after its taxi-booking service began operations in Japan. The service has gone live in Osaka, the city of nearly …

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Middle East’s Careem is the latest ride-sharing unicorn to get an India-based tech team – TechCrunch

Middle East’s Careem is the latest ride-sharing unicorn to get an India-based tech team – TechCrunch India is the new tech outsourcing destination for ride-hailing companies. Southeast Asia’s Grab and Go-Jek both have sizable engineering teams in the country, and now that duo is joined by another billion-dollar company. Careem, …

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Uber and Grab hit with $9.5M in fines over ‘anti-competitive’ merger – TechCrunch

Uber and Grab hit with $9.5M in fines over ‘anti-competitive’ merger – TechCrunch Uber and Grab have been hit with combined fines of $9.5 million after their merger deal was found to have violated Singapore’s anti-competition laws. Grab acquired (and then merged/closed) Uber’s Southeast Asia business in March, but the …

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Ride-hailing startup Shohoz raises $15M to build the Grab of Bangladesh – TechCrunch

Ride-hailing startup Shohoz raises $15M to build the Grab of Bangladesh – TechCrunch Uber may be global but it is very much the alternative in some parts of the world. One such place is Bangladesh — the South Asian country that’s home to 160 million people — where local rival Pathao …

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