Grabtaxi invest by Temasek?....
Taxi ho dang.....
SINGAPORE: Vertex Venture Holdings, a wholly-owned subsidiary of Temasek Holdings, is leading a group of angel investors in Malaysia to inject additional funding into start-up GrabTaxi.
Vertex Venture says "an eight-figure US dollar sum" is being invested, without giving exact figures.
The stakeholders have declined to reveal the exact funding amount as it deems it a competitive information.
GrabTaxi runs a third-party mobile booking app by the same name.
It now covers 12 cities in five countries, including Singapore, Malaysia, the Philippines, Thailand and Vietnam.
GrabTaxi says the additional funding will enable it to expand into new markets in the region.
The start-up plans to channel the funds into hiring engineers and coders, deepening its presence in existing markets and customising new features for different cities.
GrabTaxi says that since its launch in Malaysia two years ago, the app has been downloaded onto over one million mobile devices.
It now has more than 20,000 taxi drivers registered on its network regionally.
In Singapore, GrabTaxi says it has the second largest fleet, second to incumbent ComfortDelGro.
It adds that over 250,000 people in the region use the app at least once a month.
The business has caught the eye of venture capital firm Vertex Venture Holdings, which is looking for what's known as disruptive innovations.
This refers to improvements to products and services that displace existing market or technology.
Vertex Venture highlighted some key challenges for Singapore start-ups
Its president and CEO, Chua Kee Lock, said: "We are seeing more people asking us to consider investment. The challenge for us is that we have a relatively high bar.
"We want to look for something truly disruptive, no point investing in something that is incremental.
"For our start-ups, the immediate challenge for them is beyond the home market. They have to think of Southeast Asia, Malaysia, Indonesia...it means more money, more human resource and a lot more execution."
Vertex Venture has invested in over 400 companies around the world since its inception in 1988.
- CNA/ir
Uniquely Singapore ! No Money No Taxi !
Grab Taxi app in other country , doesn't give out incentive to drivers and pax ...
i got dl cab@SG and cab.sg
but haben use
尽�能 dun take cab
Originally posted by FireIce:i got dl cab@SG and cab.sg
but haben use
尽�能 dun take cab
Why not? Expensive?
Originally posted by hammerhammer8888:Why not? Expensive?
Use grab book taxi good mah...
Guarantee no expensive white cab come....
OIC, is a call station.....
After whatsapp bought over by FB 19billion, suddenly all want to create app.....
Limpek already stop using whatsapp, knn we are suckers make people rich.....
Originally posted by bowah:You paid a rental for a taxis consist of many stuffs, not just the taxi alone, the rental include insurance, road tax, MDT and all it software licence rights, and that is more than enuf, many had said, drive taxis no life, easily tired and also must be alert at all time, if not kenna this and that fines etc.
Already the MDT giving us headache, what must press no, then go to the fare, then must print, then must remember to put printing paper, then must understand the MDT secret here and there, plus lousy pax, lousy trip, lousy day…sure tired lah, still got time to go play with taxi apps?? surf porn better lah
Yea the ezlink shit in mdt really really irritating to press no
dunno wen it will end
Some of my colleague try using this app....
The altitude of the TD is knn type....
Than if call comfort, complain still can get voucher, knn use this app, complain to who?.....
.
That's why what I mean is that....
Taxi app and taxi drivers ka ki song only....
Pax only want taxi fast, but fast also must have certain level of service standard from the TD.....
Pax are free to use whatever sources in order to get themselves a taxi.....
But as a TD, think again, is all this app necessary?.....
dun diang diang check hp and no drive carefully or kena caught and tio summon
Originally posted by Keepthechange666:That's why what I mean is that....
Taxi app and taxi drivers ka ki song only....
Pax only want taxi fast, but fast also must have certain level of service standard from the TD.....
Pax are free to use whatever sources in order to get themselves a taxi.....
But as a TD, think again, is all this app necessary?.....
Not for limo.
Originally posted by FireIce:dun diang diang check hp and no drive carefully or kena caught and tio summon
Anybody got join Grabtaxi ? Got hearsay this red engine taxi in newspaper make additional 1k a month on this App. Chun bo !
got partnership with m1 sia
M1 partners GrabTaxi in first-ever carrier billing service for cab drivers
SINGAPORE - Cab drivers in Singapore who use GrabTaxi, a taxi booking smartphone app that connects passengers to nearby taxi drivers, can now pay GrabTaxi fees via their M1 bills.
The local telco has tied up with GrabTaxi to save taxi drivers a trip to GrabTaxi's offices, it said on Wednesday.
GrabTaxi, the second-largest taxi network in Singapore, charges taxi drivers a small fee for bookings made through its app.
"Time is money, and we are pleased to work with GrabTaxi to allow Singapore's hardworking and tech-savvy taxi drivers to top up their GrabTaxi credits more conveniently," said M1's chief marketing officer P. Subramaniam.
- See more at: http://www.straitstimes.com/news/business/companies/story/m1-partners-grabtaxi-first-ever-carrier-billing-service-cab-drivers-20#sthash.ZcoSa1to.dpuf
who ish dis yandao?
tis one call yandao? bad taste......
wahahaha