Grab

Grab is the biggest ride-hailing firm in Southeast Asia

Official says a piece of the property is being used for cattle rearing

Bhumjaithai Party campaigned in this year’s election on a promise to legalise ride-hailing services

The company will expand its transport, food and payments networks in the country

It has seen its business grow rapidly since it bought Uber's regional ride-hailing and food business last year

The proposed investment is part of Oyo’s ongoing $1 billion funding round

In March in exchange for a 27.5 per cent stake in the Singapore-based firm

The deal has invited regulatory scrutiny in the region with the Competition and Consumer Commission of Singapore

Earlier this year, it bought Uber’s regional operations

The Southeast Asian nation and some other countries have been grappling with how to regulate ride-hailing companies

Uber’s deal to take a 27.5 per cent stake in exchange has raised a red flag with Singapore’s competition watchdog

The deal is the industry’s first big consolidation in Southeast Asia and puts pressure on Indonesia’s Go-Jek

NA committee on education passes bill to set up arts and culture institute in capital

It has said it is the biggest operator in the region’s third-party taxi hailing sector

The firm said it signed a memorandum with Cambodia’s Ministry of Public Works to support infrastructure development

A person close to Grab has said the $2.5 billion fund raising would value the company at $6 billion

Didi, China's ride-hailing leader, and mobile giant SoftBank will invest up to $2.0 billion

The deal would come under the $700 million the company has committed to invest in Indonesia

Grab will open a R&D center, start a new investment fund and develop its payment platform in Indonesia

The two companies would form a partnership to develop the ride-sharing technology and driver education programs

The feature was introduced in Malaysia last week and now it’s rolling out to the rest of Grab’s territories

GrabHitch starts at a minimum fare of US$1.54 and adds up to US$0.08 per kilometer

The trial will run for the next two months, and may be extended for as long as it continues to yield useful feedback

Since its launch in 2012, the company has expanded into motorbike hailing, carpooling and delivery