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China's Didi to de-list from New York exchange

Agence France-Presse
Updated as of Dec 03 10:33 AM

Chinese ride-hailing giant Didi Chuxing said Friday it would start the process of de-listing its shares from the New York stock exchange, shortly after US regulators adopted a rule that would allow them to remove foreign firms. Read more »

Grab shares rise in US debut after record $40B SPAC merger

Reuters
Posted at Dec 03 08:39 AM

Shares of Grab rose 18 percent in their US market debut on Thursday, after Southeast Asia's biggest ride-hailing and delivery firm inked a record $40 billion merger with a blank-check company. Read more »

TIMELINE: Grab takes a ride to $40-B SPAC listing

Reuters
Posted at Dec 02 02:48 PM

Southeast Asian ride-hailing and food delivery platform Grab Holdings lists on Nasdaq via the world's largest special purpose acquisition company (SPAC) deal worth $40 billion. Read more »

Grab's Nasdaq debut to set tone for ASEAN tech listings

Anshuman Daga and Aradhana Aravindan, Reuters
Updated as of Dec 02 02:11 PM

Grab will begin trading on Nasdaq under the ticker symbol "GRAB." Read more »

Grab to reward drivers, riders who get vaccinated

ABS-CBN News
Posted at Jul 27 07:23 PM

Grab Philippines will reward a number of its drivers and riders who get vaccinated, and will also raffle off prizes whenever a vaccination milestone for its partners is reached, the company said on Tuesday. Read more »

Here's how to book vaccinated drivers for GrabCar rides to vaccine centers

ABS-CBN News
Updated as of Jun 29 08:59 PM

Grab Philippines said Tuesday it launched GrabCar Bayanihan service for easier and safer transport to vaccination centers operated by a fleet of inoculated drivers.   Read more »

Chinese ride-hailing giant DiDi targets over $60 billion valuation in NYSE debut

Anirban Sen and Niket Nishant, Reuters
Posted at Jun 25 08:22 AM

It set a price range of between $13 and $14 per American Depositary Share (ADS) and said it would offer 288 million such shares in its IPO. At the upper end of the price range, DiDi expects to raise a little more than $4 billion. Read more »

Grab to announce merger with US SPAC, to be valued at nearly $40B: sources

Anshuman Daga, Reuters
Posted at Apr 13 02:11 PM

Southeast Asia's largest ride-hailing and food delivery firm Grab Holdings is set to announce later on Tuesday a merger with US-based Altimeter that is set to value Grab at nearly $40 billion and lead to a public listing, three people told Reuters. Read more »

Uber's UK driver benefits highlight broader gig-worker challenges

Costas Pitas and Tina Bellon, Reuters
Posted at Mar 18 08:47 AM

Uber said drivers will be at least 15 percent better off, if they opt in to the pension plan under the new scheme. Read more »

Uber grants UK drivers worker status in world first

Ben Perry, Agence France-Presse
Posted at Mar 17 08:25 AM

Uber on Tuesday said it is granting its UK drivers worker status, with benefits including a minimum wage -- a world first for the US ride-hailing giant. Read more »

VIRAL: Netizens naantig sa kwento ng delivery rider na nagbisikleta mula Maynila hanggang Cavite

Josiah Antonio, ABS-CBN News
Updated as of Feb 16 08:48 PM

 Naantig ang publiko sa kwento ng isang rider na nag-deliver ng action figure mula Maynila papuntang Bacoor, Cavite habang sakay lamang ng bisekleta.    Read more »

Southeast Asia's Grab eyeing US IPO this year, sources say

Anshuman Daga, Reuters
Posted at Jan 19 04:27 PM

Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year, encouraged by robust investor appetite for initial public offerings (IPOs), three sources familiar with the matter told Reuters. Read more »

Gojek, Tokopedia aim for $18-B merger in first half of 2021

ABS-CBN News
Posted at Jan 05 01:04 PM

Indonesian ride-hailing and payments firm Gojek and e-tailer PT Tokopedia are in advanced talks for a $18 billion merger that they aim to seal in the first half of 2021, two people with knowledge of the matter told Reuters on Tuesday.   Read more »

FOCUS: Gig economy workers say they can no longer survive

Agence France-Presse
Posted at Dec 16 03:04 PM

Whether in Paris, Kuala Lumpur or California, gig economy workers fear they can no longer survive on meager earnings from jobs that leave them increasingly vulnerable. Read more »

Angkas, Joyride now allowed to resume operations: DOTr

ABS-CBN News
Posted at Dec 07 09:49 PM

MANILA - Ride-hailing firms Angkas and Joyride can now resume motorcycle taxi operations after securing a certificate of compliance under the Motorcycle Taxi Pilot Program.   Read more »

Angkas riders pinayagan na muli ng DOTr bumiyahe

Wheng Hidalgo, ABS-CBN News
Updated as of Nov 25 06:53 AM

Puwede nang makabalik sa biyahe ang motorcycle ride-hailing app na Angkas matapos ito gawaran ng provisional authority to operate ng Department of Transportation (DOTr) epektibo simula ngayong Martes hanggang Disyembre 9. Read more »

Angkas gets DOTr nod to operate until Dec. 9

ABS-CBN News
Posted at Nov 24 04:09 PM

Ride-hailing firm Angkas can now resume motorcycle taxi operations until Dec. 9 as it secured on Tuesday a provisional authority to operate under the extended Motorcycle Taxi Pilot Program.   Read more »

LTO: Motorcycle taxi pilot study to resume Monday

ABS-CBN News
Posted at Nov 20 11:24 PM

MANILA — The Land Transportation Office (LTO) on Friday announced the pilot study on motorcycle taxis will resume on Nov. 23, Monday, after Transportation Sec. Arthur Tugade ordered the agency to do so. Read more »

Motorcycle taxis allowed to resume operations: Palace

Jamaine Punzalan, ABS-CBN News
Updated as of Oct 23 07:02 PM

Motorcycle taxis like Angkas are now allowed to operate, Malacañang said Friday, as authorities sought to raise the capacity of the mass transport system and boost the pandemic-battered economy.  Read more »

Grab to resume 24/7 car, taxi services starting Oct. 20

ABS-CBN News
Updated as of Oct 21 04:44 PM

Grab Philippines said Monday its ride-hailing and taxi services would operate 24/7 starting Oct. 20 to help ferry those working during late hours. Read more »