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$47 billion has been invested into ridesharing startups — here are 10 other things that money could buy
When the ridesharing industry emerged in 2007, few would have believed it would grow into the cash-eating behemoth it is today. Dozens of companies, in hundreds of markets, have garnered just over $47 billion in equity and debt investment. To put that into perspective, we’ve put together a list of 10 things you could have bought instead. Read More
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Grab, Uber’s biggest rival in Southeast Asia, signs deal with conglomerate Lippo Group
Singapore-based Grab has just scored a new ally in its battle against Uber and other on-demand ride apps. The company, which claims to be Southeast Asia’s leading ride-hailing app, announced a strategic partnership with Lippo Group, one of Indonesia’s largest conglomerates. Read More
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