News — Asia

Neuron Mobility, a Singapore-based e-scooter rental startup, announced today that it has added $12 million to its Series A. Led by Square Peg, an Australian venture capital firm and GSR Ventures, this increases the round’s new total to $30.5 million. The company, which operates in Australia and New Zealand in addition to Southeast Asian markets, first announced its Series A in December 2019. Singapore’s Neuron Mobility raises $18.5M to bring its electric scooters to more international markets Part of Neuron Mobility’s growth plans hinges on the increased adoption of electric scooters and bikes during the COVID-19 pandemic. Many people are...

Uber said on Tuesday that it has won a bid to work with government-run subway system in India’s capital in one of its rare announcements in India, a key overseas market where it is facing a fierce battle with local giant Ola. The ride-hailing giant said it has partnered with Delhi Metro Rail Corporation (DMRC) to deploy parking spots and introduce new products at 210 subway stations in Delhi, Gurgaon, and Noida. Neither of the parties offered a clarification on how many years it would take for these deployments to materialize. A DMRC executive said Uber was not an exclusive...

Uber said on Tuesday that it has won a bid to work with government-run subway system in India’s capital in one of its rare announcements in India, a key overseas market where it is facing a fierce battle with local giant Ola. The ride-hailing giant said it has partnered with Delhi Metro Rail Corporation (DMRC) to deploy parking spots and introduce new products at 210 subway stations in Delhi, Gurgaon, and Noida. Neither of the parties offered a clarification on how many years it would take for these deployments to materialize. A DMRC executive said Uber was not an exclusive...