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Grab to launch three new ride-hailing services in Myanmar this year

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 […]

Concerns from multiple parties emerge following Grab, Uber merger

Concerns are mounting from multiple parties after Grab, the taxi ride hailing company, officially announced the acquisition of rival Uber’s Southeast Asia operations on Monday. ‘‘We have reached an agreement to combine our business in Southeast Asia with Grab. In exchange, Uber will take up a 27.5 percent stake in the combined company. After investing […]

Despite Over 30,000 Registered at YRTA, Many Have Yet to Sign Up

​​ Over 30,000 vehicles have been registered as city taxis at the Yangon Region Transport Authority (YRTA) up to January 2 but thousands are expected to remain outside the list. The YRTA announced in November 2017 that all taxis must register by the end of December as the last date. In total, 7,880 taxis were registered […]

Grab Partners Shwe Taung to Launch Taxi Terminals

Ride-hailing company Grab will cooperate with Shwe Taung Real Estate to provide Grab taxi terminals at the developer’s shopping centers and office blocks to further expand its presence in Yangon. For Grab, the aim is to make it easier for visitors to Shwe Taung properties, which include malls and office buildings, to book and catch […]

Return of shared taxi service to heat up Yangon market

The Yangon Regional Government is planning to allow the return of shared taxi services between the outskirts and Sule Pagoda in downtown Yangon, said Daw Nilar Kyaw, Minister of Electricity, Industry, Transport and Communication. The move comes amid rising demand and is likely to introduce more competition in the Yangon taxi market. It is also […]

Mandalay Company to Get at Least 1000 More Three-Wheelers

The number of Mini Oway three-wheelers, introduced by Oway Taxi Service Co. in Mandalay will increase to 1000 within three months, said U Kyaw Min Swe, senior director and head of Oway Ride. The local taxi company started with 30 three-wheelers in Mandalay on the last week of October. “During this week, we place our […]

Mini Oway three-wheel bikes to hit Mandalay

Local taxi operator Oway Ride will soon introduce a new three-wheel means of transport – Mini Oway – in Mandalay on September 17, U Kyaw Min Swe, Senior Director and Head of Oway Ride, told The Myanmar Times on September 13. Mini Oway, a three-wheel bike service, will be the company’s third transport service in […]

The road to taxi reform – can ride-hailing apps help fix the market?

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. […]

Oway digitizes Myanmar’s taxi market

The Global New Light of Myanmar Daily spoke with U Nay Aung, founder and chief executive officer of Oway Ride, one of a number of mobile application-based transportation service company in Myanmar whose competitors include international taxi firms like Uber and Grab. Q: May I know how you got the idea to start Oway Ride […]

Centralising Taxi Operations to Ease Congestion

The Yangon Region government would be implementing a new scheme under which taxis would be managed by taxi service operators, said Daw Nilar Kyaw, regional minister of electricity, industry and transportation, in a bid to ease traffic congestion in the country’s commercial capital. The minister said there were 80,000 taxis running on the road all […]