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EXCLUSIVE Grab sees no big layoffs despite market weakness

EXCLUSIVE Grab sees no big layoffs despite market weakness

A man walks past a Grab office in Singapore March 26, 2018. REUTERS/Edgar su Join now for FREE unlimited access to Reuters.com Register SINGAPORE, Sept 25 (Reuters) – Grab, Southeast Asia’s largest ride-hailing and food delivery company, is not planning massive layoffs like some rivals have, and is hiring more selectively, while moderating its ambitions …

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China's Nio takes on BMW and Mercedes in domestic market with flexible battery plan

China’s Nio takes on BMW and Mercedes in domestic market with flexible battery plan

People visit the Nio booth during a media day for the Auto Shanghai show in Shanghai, China April 20, 2021. REUTERS/Aly Song Join now for FREE unlimited access to Reuters.com Register SHANGHAI, Sept 21 (Reuters) – Chinese electric car startup Nio is seeking to capture a share of the growing European electric vehicle market by …

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