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Grab and Singtel team up to apply for a digital full bank license in Singapore

Grab and Singtel team up to apply for a digital full bank license in Singapore Grab and Singtel, one of the largest telecoms in Singapore, announced today that they are applying for a digital full bank license together. If approved, the license will allow them to offer simple credit and investment products, […]

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Indonesia’s ride-hailing giant Gojek launches video streaming service GoPlay

Indonesia’s ride-hailing giant Gojek launches video streaming service GoPlay On-demand video streaming giant Netflix, which is increasingly expanding its footprint in developing markets, now has a new competitor in Indonesia: Gojek. The Indonesian ride-hailing giant on Thursday launched a video streaming service called GoPlay that features exclusive access to “hundreds of movies […]

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The emergence of super apps in Latin America

The emergence of super apps in Latin America Thiago Paiva Contributor Share on Twitter Thiago Paiva is a fintech entrepreneur, writer and investor. He is the co-founder of Liquia Digital Assets, an investment platform for international investments using blockchain technology. The super apps WeChat and Alipay became an integral part of the […]

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Grab promises to invest $500 million into Vietnam

Grab promises to invest 0 million into Vietnam Ride-hailing company Grab is going to focus some of its efforts on Vietnam with a $500 million investment over the next five years to grow its activities in the country. While Grab started as a ride-hailing company, it is now much more than that. […]

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SoftBank pumps $2B into Indonesia through new Grab investment, putting it head to head with Gojek

SoftBank pumps B into Indonesia through new Grab investment, putting it head to head with Gojek Grab — the on-demand transportation app that is the Uber of Southeast Asia — today announced yet another investment on top of the $7 billion that it has raised to date. SoftBank is putting another $2 billion […]

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Microsoft in talks to invest in SoftBank’s second Vision Fund

Microsoft in talks to invest in SoftBank’s second Vision Fund SoftBank is said to be preparing the announcement of a $40 billion investment in its second Vision Fund, according to a new report from The Wall Street Journal. News of the mammoth investment comes after weeks of rumors the Japanese telecom giant […]

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Uber CTO says competing with Didi is ‘very healthy’ despite their complicated relationship

Uber CTO says competing with Didi is ‘very healthy’ despite their complicated relationship Competing with a company that counts you as an investor is hardly conventional — some might call it strange — but for Uber it’s a situation that is not only normal but essential. That’s according to the ride-hailing giant’s […]

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Grab raises more money — again

Grab raises more money — again Southeast Asia’s highest-capitalized startup is sitting on even more money from investors today after ride-hailing Grab announced it has raised $300 million from Invesco. The deal takes Singapore-based Grab $7.5 billion raised to date. The money is part of its ongoing — feels-like-everlasting — Series H […]

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Splyt wants to connect the world’s ride-hailing apps for easy international roaming

Splyt wants to connect the world’s ride-hailing apps for easy international roaming The vision of a universal global ride-hailing service is over. Uber’s decision to exit markets like China, Southeast Asia and Russia coupled with the failure of its rivals to develop a proposed roaming system, means that global travelers must install multiple […]

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MAX.ng raises $7M round backed by Yamaha and pilots EVs in Nigeria

MAX.ng raises M round backed by Yamaha and pilots EVs in Nigeria Nigerian motorcycle transit startup MAX.ng has raised a $7 million funding round led by Novastar Ventures, with participation of Japanese manufacturer Yamaha. Based in Lagos, the company’s app-based platform coordinates motorcycle taxi and delivery services for individuals and businesses. Six-million […]

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