Where have recently completed the strategic investment in Southeast Asia GrabTaxi

Tencent Technology News (Fan Xiaodong) June 3 news, Tencent Technology was informed that the travel vertical search platform where the network recently completed the strategic investment in Southeast Asia's largest mobile taxi application company GrabTaxi. The investment is the B round of investment GrabTaxi received, the total amount of 15 million US dollars. Jiyuan Capital as a financial investor led the vote.

Data show that GrabTaxi in Malaysia, Singapore and other places in 15 cities on-line, covering more than 20,000 taxi drivers. Anthony Tan, founder of GrabTaxi, predicts that by the end of this year, one in every two drivers in Southeast Asia will use the software. A few months ago, GrabTaxi just won a round of investment from Vertex Invest Vertex.

The main competitor in domestic taxi software market is the drop-by-drop taxi and fast taxi, this year the two companies have hit huge sums of money to subsidize subsidies to attract users.

At present, Southeast Asian market has a big demand for taxi software. For example, Singapore has a population of about 5.4 million, but only 28,000 taxis. As Singapore is one of the most expensive countries in the world to have private cars, most people rely on taxis and public transport for their daily trips. Similarly, it is equally difficult to take a taxi during rush hour traffic in Southeast Asian cities such as Manila and Kuala Lumpur.

Where to get to GrabTaxi in January 2014 For where to go net, the investment is intended to enable Chinese tourists to enter Southeast Asia, where to continue to use where to go wireless applications. Where Chuang Chen Chao Wang CEO has said that many consumers overseas demand for services, but the domestic software can not provide.

According to the information provided by the Chinese Ministry of Commerce, Southeast Asian tourism is China's major outbound market. In 2012, 7.32 million Chinese tourists traveled to ASEAN, an increase of 2.6 times over a decade ago. If calculated according to the number of outbound Chinese tourists in 2012, a multiple of growth in three years means that by 2016, the number of Chinese tourists going to Southeast Asian countries will increase to more than 14 million.