GrabTaxi Holdings Pte has a lot of smart people on its payroll. Let’s hope the transportation startup spends more time listening to its economists. Yeah I know, startup and economics in the same sentence. Go-Jek Indonesia PT’s entry into Singapore was inevitable the moment Grab bought out the local business of Uber Technologies Inc. It already had its sights on ...

Bloomberg Retailers have been trying for years to escape the clutches of the credit-card companies, which this year will levy more than $90 billion in swipe fees on an industry already struggling to navigate the shift online. Some believe the answer lies in payment apps. While shoppers have largely shunned mobile payments offered by third-party providers like Apple Inc., retailers ...

Bloomberg Skip Transport, one of two companies that won licenses to rent scooters on the streets of San Francisco, received $100 million in debt and is seeking more funding from investors, said three people familiar with the matter. While it explores an equity deal, Skip plans to use the debt on a project to design and build scooters that would ...