China's Didi to restructure following passenger murders

Chinese ride-hailing leader Didi Chuxing will streamline operations and make cuts to non-core business units as it doubles down on safety after the murders of two passengers clobbered its image, a source familiar with the ...

Grab raises $2 billion to fight ride-hailing competition

Ride-hailing firm Grab said on Thursday it has raised $2 billion from investors to expand its offerings including electronic payments, food delivery and courier services as it fights fierce competition in the fast-growing ...

Ride-hailing firm Grab secures $1.5 billion in funding

Southeast Asian ride-hailing firm Grab said on Wednesday it has secured $1.5 billion in fresh financing from a fund run by Japan's SoftBank and will use a significant portion of it to expand in Indonesia.

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