Tag Archives: technology
Valuations of Southeast Asian startups becoming ‘irrational’ – Golden Gate
By Sayantani Ghosh and Miyoung Kim SINGAPORE (Reuters) - Valuations of startups in Southeast Asia, home to popular online platforms such as Grab and Sea, have become irrational due to heavy capital in...
Dec 02, 2021
India’s Swiggy to invest $700 million in grocery delivery service Instamart
BENGALURU (Reuters) - SoftBank-backed Indian food delivery startup Swiggy said on Thursday it would invest $700 million in its grocery delivery service Instamart, to strengthen its footing in a highly...
Dec 02, 2021
Tesla launches electric quad bike in U.S. for kids
(Reuters) - Tesla Inc has launched an electric quad bike for kids in the United States for $1,900, two years after the electric-car maker introduced the all-terrain vehicle (ATV) along with its pickup...
Dec 02, 2021
EU court adviser says German consumer body may sue Facebook for privacy breaches
BRUSSELS (Reuters) - A German consumer body can sue Facebook for privacy violations, an adviser to Europe's top court said on Thursday in a case about online gamers' personal data. "The Member States ...
Dec 02, 2021
Hong Kong to launch mobile ‘health code’ app ahead of China border opening
By Jessie Pang HONG KONG (Reuters) - Hong Kong authorities will launch a new "health code" mobile phone application next week that travellers to mainland China would be required to use as the city pre...
Dec 02, 2021
Uber to allow users to book rides via WhatsApp in India
BENGALURU (Reuters) - U.S. ride-hailing company Uber Technologies Ltd said on Thursday it would roll out a feature that will allow users in India to book rides via messaging service WhatsApp. The move...
Dec 02, 2021
Indian ride hailing firm Ola has 1 million reservations for its electric scooter
(Reuters) - Indian ride-hailing company Ola has received 1 million reservations for its electric scooter, Chief Executive Officer Bhavish Aggarwal said on Thursday. Ola's ambition was to make India a ...
Dec 02, 2021
Saving the dinosaurs: Startups drive to electrify fossil-fuel cars
By Nick Carey SILVERSTONE, England (Reuters) - You can save your prized Aston Martin DB6, Porsche 911 or Mustang from the museum of combustion engine history. Or your Fiat 500 and Renault Clio, for th...
Dec 02, 2021
Factbox-Grab debuts on Nasdaq, marking biggest Southeast Asia listing
(Reuters) - Grab, Southeast Asia's biggest ride-hailing and food delivery firm, lists on Nasdaq on Thursday following its $40 billion merger with special-purpose acquisition company (SPAC) Altimeter G...
Dec 01, 2021
Grab’s Nasdaq debut to set tone for Southeast Asian tech listings
By Anshuman Daga and Aradhana Aravindan SINGAPORE (Reuters) -Grab, Southeast Asia's biggest ride-hailing and delivery firm, makes its market debut on Thursday after a record $40 billion merger with a ...
Dec 01, 2021
