Grab announces service launch in Cambodia

Grab announced the service in Cambodia and partnered with the mobile payment company Wing Money. The ride-hailing plarform says it started JustGrab services in Phnom Penh and has also signed MoUs with Cambodia's transport ministry to use technology and data to improve traffic safety and management.

Southeast Asia's on-demand transport platform today announced business expansion in Cambodia and has previously signed an MOU with Cambodia's Ministry of Public Works and Transport (MPWT) to share data on traffic safety management.

Users use the JustGrab app that displays the cost of travel where the driver will respect the travel expenses and the free negotiation process for passengers and drivers. Passengers may choose to pay cash or through the GrabPay mobile payment platform.

"Southeast Asia is our home and our goal to improve lives here. We look forward to working with MPWT to modernize the country's infrastructure. We will use technology to create greater security and income opportunities for society," said Grab co-founder Tan Hooi Ling.

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China's new energy vehicle market continues strong

Tinuku - China's new energy vehicle (NEV) sector continues to experience a major expansion in sales and production in the first half of 2018. The China Association of Automobile Manufacturers (CAAM) showed Wednesday that NEV sales increased 111.5 percent year-on-year to 412,000 units in the first six months and production rose 94.9 percent to 413,000 units.

China became the largest NEV market in the world for three consecutive years as it intensified efforts to encourage the use of NEVs to reduce environmental stress by offering tax exemptions and discounts on car purchases.

The government expects annual NEV output to reach 2 million by 2020 and NEV sales to make up 20 percent of the overall car market by 2025. CAAM reported at least 14.07 million vehicles sold in China in H1 or up 5.57 percent year on year.

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Xiaomi will also optimize Mi Credit and Mi Roaming recently launched. The company will do more activities aimed at strengthening relationships with Xiaomi users called Mi Fans including Mi Pop titles that have taken place in several cities in Indonesia.

Xiaomi is one of the fastest technology companies that earned a profit of CN¥100 billion in the fi…

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