ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business trends

Slumping Singapore taxi operator chases mobility trend

ComfortDelGro launches $100m venture fund as it plays catch up to mobility apps

 ComfortDelGro has seen profits shrink with the proliferation of ride-hailing apps such as Grab. (Photo by Keiichiro Asahara)

SINGAPORE -- With ride-hailing disrupting the traditional transportation business, Singapore's largest taxi operator has started investing in startups to acquire the latest mobility technologies.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more