On Grab's phantom bookings: A call to focus on passengers and drivers

In this kind of high stakes environment, many companies are often willing to do whatever it takes to succeed, and the public just as often turns a blind eye toward their actions 

Niki.ai shares plans to get half a billion users transacting online via simple conversations

Intuitive, simple, and accessible seem to be the most important characteristics of a chatbot 

Singapore watchdog says Grab-Uber merger is anti-competitive and may unwind it

The Competition and Consumer Commission of Singapore says the merger has led to Grab increasing prices for riders 

How Carro co-founder Aaron Tan raised US$78M by thinking beyond the classifieds model

Aaron also originally envisioned Carro as an automotive marketplace that would replace dealers, but found out that that was the wrong approach 

We’re in Singapore to fill the gap left by big ride-hailing firms, says Samar Singla of Jugnoo

'From day one, our core focus was on survival rather than competing with the big sharks; there is enough for everyone in the market' 

Today's top tech news, June 11: Grab crosses US$1B annual revenue and Bitcoin crashes after crypto hack

Also, Xiaomi IPO prospectus reveals US$1 billion loss in Q1 and Indonesia sees its third startup IPO 

Today's top tech news, June 1: Uber-Waymo self-driving talks, GM's Cruise raises US$2.25B from SoftBank

Also on today's menu: A funding news for a Chinese cryptocurrency startup, a new regulation for motorbike taxi drivers in Thailand, and a new language feature for a Q&A platform 

Today's top tech news, May 28: JustCo to enter Indonesia, Uber-ComfortDelGro dissolve deal

Today also saw the launch of GrabFood in Singapore and a funding round for Chinese fashion e-commerce platform JollyChic 

Southeast Asia is setting itself up for disappointment with Go-Jek entrance

For Go-Jek, expectations couldn't be higher for its international expansion. Can it possibly meet what people want? 

Today's top tech news, May 25: Uber saw US$2.5B in profits following Southeast Asia, Russia deals

We also have updates on Xiaomi's upcoming IPO, Netflix's market cap, and GIC being the most active private equity investor in Q1 2018