Oway Group receives private equity to expand in competitive taxi market

Oway Group last week received $7 million in fresh funds from Mekong-focused private equity firm Belt Road Capital Management (BRCM), which is headquartered in Cambodia. The online travel service provider, which is founded by local entrepreneur Nay Aung, operates the mobile taxi-hailing service Oway Ride as well as oway.com.mm, Myanmar’s largest online travel portal. The […]

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 […]