By Me Last Week: GrabTaxi Is Becoming Grab

The story begins: Uber Technologies Inc.’s main rival in Southeast Asia wants people to know that it—like the San Francisco, Calif. startup—offers not just taxis, but private cars. Singapore-based GrabTaxi Holdings Pte. Ltd. said Thursday it is shortening its name to simply Grab. The goal: to highlight that in addition to allowing users to book […]

By Me Yesterday: Lyft Teams up with India’s Ola and Singapore’s GrabTaxi

The story begins: The international alliance of Uber Technologies Inc.’s ride-hailing competitors is growing stronger. San Francisco startup Lyft Inc. confirmed Thursday it is teaming up with Southeast Asia’s GrabTaxi Holdings Pte. Ltd. and India’s Ola to allow users of each app to hail rides from drivers of the other apps while they are traveling […]

Exclusive by Me and a Colleague Yesterday: GrabTaxi Raises New Funds

The story begins: More cash is pouring into the increasingly competitive ride-hailing business in Asia, fueling local competitors to global market leader Uber Technologies Inc. Southeast Asia-focused ride-hailing app GrabTaxi is getting an infusion of over $200 million in fresh capital in its latest fundraising round led by U.S. hedge fund Coatue Management LLC, according […]

By Me Today: GrabTaxi’s Splashing the Cash New R&D Center, More Staff

The story begins: Southeast Asia-focused Taxi booking app GrabTaxi says it’s about to splash the cash, mostly on new hires. The Singapore-based company said Wednesday it will spend $100 million over the next five years on a new research and development center in the city-state, with a “significant portion” of that sum going to lure […]