Most taxi drivers in Yangon have begun to return their cars to their owners due to the lack of passengers following the stricter stay-at-home order in place for all Yangon townships. “Only a few people go outside of their homes because of the new stay-at-home order. It’s hard for us to earn money to cover […]
What’s it Really Like to Drive for Grab in Myanmar?
January 7, 2020 by
Since its arrival in March 2017 Singapore based transportation company Grab has exploded to become the leading ride hailing platform in Myanmar. In its first four months of service, the company reportedly registered over 5,000 drivers nationwide. Since then it’s muscled out competitors Oway Ride, Hello Cabs and OK Taxi by strategic partnerships, diversifying product […]
Grab to launch three new ride-hailing services in Myanmar this year
February 14, 2019 by
Southeast Asia’s ride-hailing giant Grab has announced plans to introduce three new ride-hailing services in Myanmar this year after posting “substantial growth” in the local market in 2018, according to a company announcement. Grab Myanmar acting country manager Alvin Loh revealed that the company will focus on expanding three new ride-hailing services in the capital […]
The road to taxi reform – can ride-hailing apps help fix the market?
August 14, 2017 by
Duncan Burry notes the promise ride-hailing apps hold for Myanmar’s future. Hello Cabs, Myanmar’s first ride-hailing app, was launched in Yangon in August of 2015. Oway Ride, a local rival, was not far behind, launching in February 2016. And then two large international players were launched in 2017: Grab in March and Uber in May. […]
Uber, Grab do things a little differently in Yangon
August 3, 2017 by
Uber Technologies and Grab, two of the biggest names in the ride-hailing business, are rapidly expanding in Myanmar’s largest city, where the spread of smartphones is unlocking big opportunities. Yangon’s authorities appear to have rolled out the welcome mat for them, viewing the services as a way to improve the city’s underdeveloped transport infrastructure. Going […]
Uber and Grab are bringing Southeast Asia’s taxi on-demand war to Myanmar
March 22, 2017 by
Southeast Asia’s ridesharing war is spreading to a new frontier after rivals Grab and Uber revealed plans to expand into Myanmar, the country formerly known as Burma. Singapore-based Grab announced its launch in the country today, its first new market expansion in nearly three years, to take it to seven markets… but its U.S. rival […]
Internet ventures blooming in Myanmar
March 15, 2017 by
Internet startups offering such services as car-hailing and payments are attracting many consumers in this booming economy, and the sector is expected to evolve further with a smartphone boom and improving infrastructure. In the largest Myanmar city of Yangon, where traffic volume is shooting up, taxis carrying the logo of “Oway Ride” are a growing […]
Asia Frontier Capital Research Trip To Yangon In Myanmar
November 16, 2015 by
My last trip to Yangon was a little over two years ago. When arriving at the airport nothing has changed since then – just the immigration staff became more efficient – or maybe their computers are newer and thus faster? Last time it took the staff over 5 minutes to handle one person and fortunately […]
