The vision of a universal global ride-hailing service is over. Uber’s decision to exit sells like China, Southeast Asia and Russia coupled with the failure of its competitives to develop a proposed roaming system, is necessary that global travelers must install multiple apps if they are to take advantage of …
Read More »Naspers is in talks to invest in Southeast Asia’s Carousell
Naspers, the South Africa-based firm that famously backed Chinese giant Tencent in its infancy, is in talks to invest in Singapore-based startup Carousell, according to two sources with knowledge of discussions. Carousell offers a mobile app that combines listings with peer-to-peer selling across Southeast Asia, Taiwan and Hong Kong. That …
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