ride hailing and delivery companies lose ground to grab

Ride-hailing and delivery companies lose ground to Grab

CEO and senior leaders of Indonesian ride-hailing service Go-Viet and Vietnamese delivery startup Ahamove have just resigned as the companies are floundering in the face of fierce competition with Grab. What new strategies will they pull out of the bag to fight the ride-hailing overlord?
ride hailing firms struggle to sustain price war

Ride-hailing firms struggle to sustain price war

Ride-hailing entrants invested a great deal of money into promotions and discount strategies to quickly expand in the Vietnamese market. Now, several firms are struggling to sustain the price war with rivals, especially Grab.
comfortdelgro sees plunge in revenue in vietnam

ComfortDelGro sees plunge in revenue in Vietnam

After suspending the operations of its joint venture in Vietnam, ComfortDelGro, one of the leading transport companies in Singapore, reported a decrease of 50 per cent in its revenue and assets from Vietnam.
woowa wants to waylay food apps

Woowa wants to waylay food apps

With its significant financial potential, technology, and customer base,  newcomer Woowa Brothers hopes to break the dominance of GrabFood, Now, and Go-Food in the Vietnamese food delivery market. Kim Van Huong reports.
vietnam is grabfoods second fastest growing market in southeast asia

Vietnam is GrabFood's second-fastest growing market in Southeast Asia

Just eight months after the official launch, Vietnam has become the fastest growing market in Southeast Asia of GrabFood, outside of Indonesia. What are the reasons behind this tremendous achievement?
vinasun reports falling profit and staff count

Vinasun reports falling profit and staff count

While the court has not reached a conclusion on its lawsuit against Grab, Vinasun reported falling profit and staff in 2018.
upcoming everyday super apps will revolutionise the way business is done in vietnam

Upcoming everyday super-apps will revolutionise the way business is done in Vietnam

As on-the-go transport services in Vietnam extend beyond simple taxi rides to offer a broader range of services, experts have been weighing in on the prospects of so-called multi-purpose “super-apps.”
go viet launched ride haling without permission in ho chi minh city

Go-Viet launched ride-haling without permission in Ho Chi Minh City

Go-Viet has yet to be approved to launch ride-hailing services by the Ministry of Transport (MoT), however, the company is already operating in Ho Chi Minh City.
vinasun grab litigation taken to appeals court

Vinasun-Grab litigation taken to appeals court

Neither Vinasun nor Grab are satisfied with the Ho Chi Minh City court’s decision in their lawsuit for damages, scheduling an appeals case for March, prolonging the dispute that highlights the sparks thrown by high-tech firms shouldering aside their predecessors. Van Oanh reports.
ministry of transport proposes to manage ride hailing apps as taxis

Ministry of Transport proposes to manage ride-hailing apps as taxis

Entire under nine-seat cars operating under the ride-hailing application may be managed as taxi operators, according to newswire Bizlive.vn.
piatek wonder strike as milan stay on champions league course

Piatek wonder strike as Milan stay on Champions League course

ROME: Krzysztof Piatek hit a wonder goal and grabbed a second as AC Milan came back to defeat Atalanta 3-1 on Saturday (Feb 16) and stay on course for the Champions League.
additional investigation for deal between grabtaxi and uber

Additional investigation for deal between GrabTaxi and Uber

The investigation of the deal between ride-hailing firms GrabTaxi and Uber will be carried out by the Vietnam Competition Authority (VCA) under the Ministry of Industry and Trade (MoIT) within 60 days from the day of issuing Decision No.08/QD-HDCT.
thailands central group confirms us 200m investment in grabs thai entity

Thailand's Central Group confirms US$200m investment in Grab's Thai entity

Thailand's Central Group, the country's largest retailer, confirmed on Thursday (Jan 31) in a statement that it will invest US$200 million in a local entity of Singapore-based ride-hailing application Grab.
grabfood expands to 12 new cities and provinces risky or wise

GrabFood expands to 12 new cities and provinces: Risky or wise?

Just seven months after the official launch in June 2018 in Ho Chi Minh City, GrabFood has continuously increased its footprint in a wide network of cities and provinces in Vietnam, taking the total number of locations they are present to 15. What is GrabFood’s strategy behind this reckless and rapid expansion?
food delivery race set to last throughout 2019

Food delivery race set to last throughout 2019

Trying to ride the waves of the fast-growing food delivery sector, many companies are burning money to snag users and get a slice of the market. As competition heats up, experts outline the key areas to focus on to tackle growth challenges. Thanh Van reports.