To The Moon

SINGAPORE: Grab will acquire Singapore's third-largesttaxi operatorTrans-cab, which has a fleet of more than 2,500 vehicles.Announcing the move onThursday , the two companies said the acquisition of 100 per cent of the shares in Trans-cab will be done through Grab Rentals."The acquisition includes Trans-cab’s taxi and car rental business, maintenance workshop and fuel pump operations," they said in a joint media release.The deal is expected to close in the fourth quarter of 2023, subject to regulatory approvals and other customary closing conditions.Trans-cab’s general manager Jasmine Tan said consumerbehaviours have shifted and the company recognises the need to digitise the business.She added thatthe company is entering the deal with "full assurance that Grab will do their best to safeguard the livelihoods of our taxi drivers".Grab said it plans to launch an enhanced applicationthat will be integrated with the mobile display units in Trans-cab taxis."By boosting the number of drivers

Company likely overcame chip shortage and congestion at ports Faster, refreshed Model S Plaid was in

17 IPOs are slated to raise $9.1 billion in this week, led by long-awaited Chinese ride-hailing giant $DiDi Global Inc.$.DiDi plans to raise $3.9 billion at a $67.5 billion market cap. DiDi is China’s dominant ride-hailing app, with 15 million drivers across 4,000 cities and towns. The unprofitable company saw revenue more than double in the 1Q21 as its business recovered post-pandemic.New and existing investors intend to purchase $1.3 billion of the IPO.Cybersecurity platform $SentinelOne, Inc$

New York Tesla had a stellar 2020: The electric car maker was added to the S&P 500 and the stock surged an electrifying 743%. But some investors have pulled the plug on the company lately.Tesla shares are nearly 25% below their all-time high set earlier in the year, and down 2% for 2021 to date -— a time when traditional automakers are surging as they ramp up electric vehicle ambitions.It seems investors are a bit infatuated with these legacy Big 3 automakers as they look to rapidly expand thei

(June 25) Express rose more than 18% in morning trading. Penny Stocks: Express, Inc. (EXPR) As Amer

With US stocks back at all-time highs as the market seemingly shrugged off the FOMC's reaction to th

Microsoft launched a broadside against rivals Apple and Google on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.That’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.“Windows has always stood for sovereignty for creators and agency for consumer