$150M from Yamaha Motor to be invested in Grab

$150M from Yamaha Motor to be invested in Grab

e27: Japanese motor manufacturer Yamaha Motor today announced a strategic partnership with Southeast Asian ride-hailing giant Grab, to collaborate in motorcycle ride-hailing service within the region, with a focus on Indonesia. Yamaha Motor will also invest US$150 million into Grab as part of the partnership agreement. The two companies aim to develop “next-generation” mobility services by leveraging Yamaha Motor’s technology...

Grab launches R&D centre in Malaysia

Grab launches R&D centre in Malaysia

e27: Southeast Asia ride-hailing giant Grab has launched an R&D centre in Kuala Lumpur, Malaysia, where the company was first founded in 2012. The new R&D centre is Grabś seventh globally. It has centres based in Bangalore, Beijing, Ho Chi Minh City, Jakarta, Seattle and Singapore. The Malaysian centre will hire 100 tech employees in its first year of operations, including software engineers,...

AR startup Blippar in danger of becoming a blip as “Khazanah” fight over future funding

AR startup Blippar in danger of becoming a blip as “Khazanah” fight over future funding

TechCrunch: Blippar, the U.K.-based AR startup that raised more than $130 million, may be nearing the end of the road. The company has been burning through cash in a bid to pivot in search of a profitable AR business model, and now shareholders are in dispute over whether to throw Blippar any more money to aid that effort, according to a statement the...

Yasmin Mahmood Leaves Malaysia for Indonesia

Yasmin Mahmood Leaves Malaysia for Indonesia

TechBarrista: The tech industry was in a state of shock and disbelief last Thursday afternoon when Malaysia Digital Economy Corporation (MDEC) announced the imminent departure of its CEO Datuk Yasmin Mahmood in January 2019. Even MDEC employees wept with tears flowing freely when told about Yasmin’s departure. It is learnt that Yasmin hosted a town hall for employees that very afternoon...

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