What SoftBank’s $10b investment in Uber means for its battle with Ola in India

Scandal-ridden Uber has confirmed a deal to sell a chunk of its stakes to SoftBank. The Japanese giant could invest US$10 billion over the next month to acquire 14 percent or more of Uber’s shares, both in fresh and existing stock. The investment in Uber comes on top of the billions SoftBank has poured into … More What SoftBank’s $10b investment in Uber means for its battle with Ola in India

Grab launches hawker center cashless payments as part of big play beyond transport

Ride-hailing firm Grab officially launched its in-store cashless payments solution today, marking its biggest move yet outside of the transportation segment. Grab said it’s aiming to make its GrabPay cashless payments platform available to 20,000 cash-based merchants operating in Singapore. Read More

Deriving transport benefits from big data and the Internet of Things in smart cities

Public transport is one of the biggest challenges facing cities today – how can big data and the Internet of Things be leveraged to tackle the issues? A recent study has been commissioned by the Department for Transport from consultants Ricardo Energy & Environment to seek a better understanding of the potential opportunities, challenges, enablers … More Deriving transport benefits from big data and the Internet of Things in smart cities