vietnams ride hailing market to reach 880000 in 2024

Vietnam's ride-hailing market to reach $880,000 in 2024

Vietnam's ride-hailing market size is forecast to hit $880,000 in 2024 and $2.16 billion by 2029, growing at a compound annual growth rate (CAGR) of 19.5 per cent, according to Mordor Intelligence.
grab proposes simplified administrative procedures for ridesharing

Grab proposes simplified administrative procedures for ridesharing

Grab proposes Vietnam to remove administrative procedures that are hindering the sharing economy, as well as promote the development of electric vehicles.
gsm stepping on the throttle with laos expansion plans

GSM stepping on the throttle with Laos expansion plans

Vietnam-based taxi brand GSM is venturing into Laos’s rapidly growing ride-hailing and electric vehicle market, where it will confront both vast opportunities and stiff competition from established players.
insights from the road grabs immersive approach to product development

Insights from the road: Grab's immersive approach to product development

Immersion has been a pivotal strategy for Grab’s executives, as part of a prominent ride-hailing company, to get closer to the road and walk in the shoes of their driver and merchant partners. Philipp Kandal, Grab's chief product officer, spoke to VIR's Linh Le about his overall product vision and strategic initiatives for Grab, and shared his experiential insights gained from manoeuvring through the intricacies of the Vietnamese market.
gsm expands e taxi service with motorbike deployment

GSM expands e-taxi service with motorbike deployment

VinFast has launched an e-bike ride-hailing service, hot on the heels of Gojek and Grab also setting up similar offerings.
vingroups gsm to launch ride hailing and electric motorcycle services

Vingroup's GSM to launch ride-hailing and electric motorcycle services

Green and Smart Mobility Corporation (GSM) has announced plans to extend its electric taxi services to 27 cities and provinces in Vietnam, as part of the company's commitment to green mobility and sustainable transportation.
china to fine ride hailing giant didi more than 1 bn reports

China to fine ride-hailing giant Didi more than $1 bn: reports

China is preparing to hit ride-hailing giant Didi with a fine of more than $1 billion to wrap up a long-running probe, media reports said, boosting investor hopes that the country's tech crackdown is winding down.
unique consumer loans targeting ride hailing drivers

Unique consumer loans targeting ride-hailing drivers

Homegrown ride-hailing firm Be Group, in collaboration with digital bank Cake by VPBank, has deeped their financial sector push by introducing consumer loans to driver-partners, the first of its kind in the Vietnamese market.
gojek launches gocar xl protect 7 seater ride hailing service

Gojek launches GoCar XL Protect 7-seater ride-hailing service

To further honour its commitment to health and safety, Gojek Vietnam announced the launch of GoCar XL Protect, its new 7-seater ride-hailing service, in Ho Chi Minh City and Hanoi on May 4.
ride hailing app be bags first prize at vietnamese talent awards

Ride-hailing app Be bags first prize at Vietnamese Talent Awards

Vietnamese ride-hailing app Be has scooped up the first prize in the IT category at this year's Vietnamese Talent Awards.
ride hailing companies defend pricing policies in face of spiralling fuel cost rises

Ride-hailing companies defend pricing policies in face of spiralling fuel cost rises

Driver-partners of ride-hailing companies such as Gojek and Grab are pleading for more help as the spiralling cost of fuel is turning them off from the occupation entirely.
online payments via e wallets on the rise

Online payments via e-wallets on the rise

Gaining momentum through four social distancing periods, e-wallet payments, along with e-commerce continue to thrive in the new normal.
gojek officially rolls out car ride hailing service in ho chi minh city

Gojek officially rolls out car ride-hailing service in Ho Chi Minh City

Gojek today (November 18) announced the expansion of its GoCar service for all users in Ho Chi Minh City in a move to intensify the competition in the local ride-sharing market.
vietnams pandemic restrictions greatly widen grabs losses

Vietnam's pandemic restrictions greatly widen Grab's losses

Due to unusual costs and a general decline in the ride-hailing business following a new surge in COVID-19 infections across Southeast Asia, particularly in Vietnam, Grab Holdings reported a net loss of $988 million in the third quarter, from $621 million a year ago.
gojek launches four wheel ride hailing service in ho chi minh city under lockdown

Gojek launches four-wheel ride-hailing service in Ho Chi Minh City under lockdown

Gojek, Southeast Asia's leading mobile on-demand services platform, today introduced GoCar, its four-wheel ride-hailing service in Ho Chi Minh City. The service will be available exclusively to frontline healthcare workers for now, before being expanded to the general public later this year.