ComfortDelGro revving up for disruption waves ahead

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SINGAPORE (April 27): The future of taxis is an important issue for public transport operator ComfortDelGro.

While weaker numbers in the taxi segment have been a drag on the group’s  financial performance and shares over the past year, Yang Ban Seng, the group’s managing director and CEO, is taking steps to tackle the ride-hailing threat by embracing technology and expanding into new market segments.  

As Yang sees it, the taxi and private-hire industries are likely to keep evolving with technology... (Click here to read the full story)