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April 20, 2024
 

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GRAB

A Grab food delivery cyclist makes a delivery in Singapore on Aug. 21.
BUSINESS / Companies
Nov 5, 2023
Consolidation looms for Southeast Asia’s food delivery giants
With growth in the sector slowing, companies are slimming down or bolstering their ties with other operators.
Japan Times
BUSINESS / Companies
Apr 15, 2021
From Harvard to Nasdaq listing: Grab CEO's ride to world's biggest SPAC deal
The CEO of Grab, a popular app to book taxis, order food and make payments in Southeast Asia, has always been determined to win — from making his firm the best-funded regional start-up to defeating behemoth Uber Technologies.
Japan Times
BUSINESS / Companies
Oct 16, 2020
SoftBank’s Masayoshi Son reportedly brokering a Grab-Gojek truce
A key sticking point remains whether the two companies merge all operations or whether Grab acquires Gojek's business only in Indonesia.
Japan Times
BUSINESS
Jul 14, 2020
Grab deal just the start of MUFG's focus on technology investment, says CEO
Hironori Kamezawa, 58, say the digital shift has picked up pace in the wake of the novel coronavirus pandemic.
BUSINESS / Companies
Feb 20, 2020
MUFG Bank to invest ¥80 billion in ride-hailing service Grab
MUFG Bank will form a capital and business alliance with Singapore-based ride-hailing service Grab, with the view to collaborating on retail financial services, sources have said.
Japan Times
BUSINESS / Companies
Jun 13, 2019
Toyota to cut managers' summer bonus by up to 5% due to high R&D costs
Toyota Motor Corp. will cut summer bonuses for some 9,800 managers by 4 to 5 percent, as it looks to tighten cost control in the face of high spending on developing technology for autonomous and electrified vehicles, a source close to the matter said Thursday.
BUSINESS / Companies
May 29, 2019
Toyota considers investment in Chinese ride-hailing giant Didi
Toyota Motor Corp. is considering investing up to ¥60 billion ($550 million) in Chinese ride-hailing giant Didi Chuxing Technology Co. in an effort to expand its business in China, sources close to the matter said Wednesday.
Japan Times
BUSINESS / Companies
Mar 6, 2019
Singapore's Grab raises $1.5 billion from SoftBank fund
Leading Southeast Asian ride-hailing provider Grab raised about $1.5 billion from SoftBank Group Corp.'s Vision Fund, bankrolling its effort to expand into new services across the region.
Japan Times
BUSINESS
Jan 24, 2019
Japanese firms hopping on ride-hailing bandwagon in Southeast Asia
Japanese firms are involved in a clash of titans that is expected to intensify this year between two successful ride-hailing startups in Southeast Asia.
Japan Times
BUSINESS / Companies
Sep 27, 2018
Plowing millions into Uber, Toyota prepares for a future with fewer privately owned cars
Toyota Motor Corp., Asia's biggest carmaker, is preparing for a potential future where people don't buy cars.
Japan Times
BUSINESS / Companies
Jun 13, 2018
Toyota to acquire $1 billion Grab stake in ride-hailing push
Toyota Motor Corp. will acquire a $1 billion stake in Grab in one of the largest investments by a carmaker in a ride-hailing provider, underscoring the push by the auto industry to move from manufacturing to services.
Japan Times
BUSINESS / Companies
Mar 26, 2018
Uber agrees to sell Southeast Asia business to Grab after costly battle
Ride-hailing firm Uber Technologies Inc. has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms said in a statement on Monday, marking the U.S. company's second retreat from an Asian market.
BUSINESS
Mar 26, 2018
Uber to sell Southeast Asia business to rival Grab: source
Ride-hailing firm Uber Technologies Inc. has agreed to sell its Southeast Asian business to bigger regional rival Grab, a source with direct knowledge of the matter said on Sunday, in what would be the U.S. company's second retreat from Asia.
Japan Times
BUSINESS / Companies
Jul 28, 2017
Ride-hailing giant Grab expands full operations in Myanmar
After a four-month trial period, Southeast Asian ride-hailing giant Grab has begun full operations in Myanmar, launching localized apps with new safety and technology features.
Japan Times
BUSINESS / Companies
Jun 7, 2017
Uber rival Grab hunts for new deals with SoftBank funding
Grab, Uber Technologies Inc.'s fiercest rival in Southeast Asia, is hunting for deals with funding from its biggest backer SoftBank.
WORLD / Crime & Legal
Aug 22, 2014
JPMorgan customers targeted in email phishing campaign
Fraudsters are targeting JPMorgan Chase & Co customers in an email phishing campaign that is unusual because it attempts to collect credentials for that bank and also infect PCs with a virus for stealing passwords from other institutions.
No link to Nankai Trough quake seen after temblor in Shikoku
Satoshi Harada from the Meteorological Agency explains about the magnitude 6.6 earthquake during a news conference early Thursday.
Tehran signals no retaliation against Israel after drones attack Iran
A reported strike against Iran by Israel on Friday came against the backdrop of Iran's support for the Palestinian Hamas militant group, whose assault into Israel on Oct. 7 triggered Israel's invasion of Gaza.
In a first, Japan doctors sue Google over negative reviews on firm's map app
One of the lawyers representing a group of doctors suing Google told a news conference that the main purpose of the lawsuit is not to seek compensation but instead to raise awareness over various problems with the Google Maps system.
Former No. 1 Kento Momota retires from international badminton at 29
Badminton star Kento Momota leaves a news conference after announcing his retirement from Japan's national team, in Tokyo on Thursday.
Thousands evacuated as Indonesia volcano erupts
Indonesia's Mount Ruang spews hot lava and smoke as seen from Sitaro, North Sulawesi, on Wednesday.
'House of the Owl' brings Hollywood values to Japanese TV
In the new Disney+ series “House of the Owl,” Min Tanaka (left) plays a powerful political fixer, or “kuromaku,” who has a troubled relationship with his adult children, particularly his idealistic son, played by Mackenyu.
Benefits and risks: AUKUS looks to take gamble on Japan
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British leader Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego in March last year.
Kyoto’s demon night parade lives to haunt another day
In a Kyoto long past, the "hyakki yagyō" (100 demon night parade) haunted a sleepy corner of Kyoto. Now, one enterprising monster enthusiast has won a small batttle to keep the march alive.
U.S. deploys midrange missile system in Indo-Pacific for first time
A U.S. Army Mid-Range Capability (MRC) Launcher arrives as part of the capability’s first deployment into theater on Northern Luzon, Philippines, April 8.
Unpacking the chaotic by-election in a scandal-hit Tokyo district
People listen to a campaign speech in Tokyo's Koto Ward on Tuesday.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on
By Lance Henderstein

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