Grab to Pump $500 Million Into Vietnam as More Rivals Enter After Uber’s Exit

You’ve got parcel. Grab Vietnam. Grab Singapore Skift Take: After Indonesia, Grab’s next biggest battleground is Vietnam. No surprise there, it’s a rapidly growing economy with all the ingredients for a ridehailing explosion. Naturally Grab is not alone — rivals are aplenty. — Raini Hamdi Slim Leather Travel Passport Wallet Holder RFID Blocking ID Card … [Read more…]

Why SoftBank’s Second $108 Billion Vision Fund Matters to Travel

The Japanese conglomerate SoftBank Group aims to raise a total of $108 billion for the second Vision Fund, founder Masayoshi Son announced on Friday. Bloomberg Skift Take: With a second Vision Fund, Japan has emerged as the dominant driver of key technologies, many of which apply to travel and tourism. While the first staked ridehailing … [Read more…]

Waymo to Launch Ridehailing Robotaxis in France and Japan

Skift Take: Will Waymo pose a serious challenge to Uber with its autonomous ridehailing service? First it has to ensure a robot can do the job as well — if not better — than a human. — Raini Hamdi Read the Complete Story On Skift

Grab Enters Travel Booking With Hotels Now and Flights Next

Grab’s head of product and design, Jerald Singh, unveils four new services, including hotels booking. Raini Hamdi / Skift Skift Take: In the face of a fast-growing and innovative rival, Grab’s foray into travel, starting with hotels, could give it an edge over archrival Go-Jek, which does not do travel — yet. — Raini Hamdi … [Read more…]