ComfortDelGro considers bringing self-driving vehicles to London as the Singapore transit operator reports record $4 billion revenue [Fortune]
COMFORTDELGRO UNSP/ADR (CDGLY)
NASDAQ:AMEX Investor Relations:
comfortdelgro.com.sg/investor-relations.aspx?id=142
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Source: Fortune
Recommended Video An earlier pilot program in Guangzhou “has given us the confidence to scale the deployment of AVs both in China and here in Singapore,” chairman Mark Christopher Greaves said during the firm's earnings call on Feb. 27. He added that CDG is exploring the possibility of bringing robotaxis to London. Several firms, including U.S.-based Waymo and China-based Baidu , are currently conducting pilots in the U.K.'s capital city. CDG announced record annual revenue of 5.1 billion Singapore dollars ($4 billion), a 13% jump, for 2025, as the company continues to diversify its business geographically and across different forms of transit. “Crossing the five billion Singapore dollar revenue mark is a defining milestone in ComfortDelGro's journey,” said CEO Cheng Siak Kian in a statement. Traditionally best known in Singapore as the country's largest taxi operator, CDG is currently trying to expand to cover new kinds of transit, including private-hire, rail, and buses.
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