• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
AsiaSingapore
AsiaEurope

ComfortDelGro considers bringing self-driving vehicles to London as the Singapore transit operator reports record $4 billion revenue

Angelica Ang
By
Angelica Ang
Angelica Ang
Writer
Down Arrow Button Icon
Angelica Ang
By
Angelica Ang
Angelica Ang
Writer
Down Arrow Button Icon
February 27, 2026, 8:07 AM ET
“Crossing the five billion Singapore dollar revenue mark is a defining milestone in ComfortDelGro’s journey,” said CEO Cheng Siak Kian in a statement.
“Crossing the five billion Singapore dollar revenue mark is a defining milestone in ComfortDelGro’s journey,” said CEO Cheng Siak Kian in a statement.Piotr Swat—SOPA Images/LightRocket via Getty Images

Singapore-based transit operator ComfortDelGro (CDG) is considering bringing autonomous vehicles to London, the U.K.’s capital city, after successful trials in both China and Singapore.

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. It’s also ventured into new overseas markets like France and the U.K.

Foreign markets now account for more than just over 55% of CDG’s total revenue, up from 49.1% the previous year. From 2023, the firm embarked on a series of strategic acquisitions, buying Australian taxi operator A2B, U.K. ground transport operator CMAC, and U.K. car hire firm Addison Lee. 

“We have built strong momentum in our public transport business with new international bus and rail contracts… [and] are proactively advancing our capabilities in smart and sustainable mobility,” Cheng said.

CDG is using AI to modernize its operations in its home market of Singapore. The firm, No. 105 on Fortune’s Southeast Asia 500 list, announced last September that it plans to roll out autonomous shuttles in the country’s Punggol district by Q2 2026, in partnership with Chinese robotaxi firm Pony AI.

CDG hopes to convert 10% of its global taxi fleet to autonomous vehicles by 2030, CEO Cheng said in his prepared remarks. 

The firm is also integrating AI into its public transit business, such as in Metroline, London’s third-largest bus operator. The CDG subsidiary is testing the use of AI to help traffic controllers at its bus depots, which Cheng claimed “substantially reduced the waiting time” for buses.

“We have reduced something like 2,000 hours of commute time,” Cheng said during CDG’s earnings briefing. 

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
Angelica Ang
By Angelica AngWriter

Angelica Ang is a Singapore-based journalist who covers the Asia-Pacific region.

See full bioRight Arrow Button Icon

Latest in Asia

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
Fortune Secondary Logo
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Asia

AsiaGovernment
Asia rolls out four-day weeks and work-from-home as emergency measures to solve a fuel crisis caused by Iran war
By Angelica AngMarch 11, 2026
13 hours ago
Asiamining
Beijing’s dominance in rare earth processing leaves others scrambling to close the gap: ‘China is the leader, and the U.S. is far behind’
By Angelica AngMarch 11, 2026
1 day ago
AsiaGolf
LIV Golf CEO Scott O’Neil on how stuck golfers got out of a besieged Gulf: ‘Precise planning, excellent resources and tremendous leadership’
By Nicholas GordonMarch 11, 2026
1 day ago
gu
PoliticsOlympics
Eileen Gu and Alysa Liu: 2 Olympians, 2 Californians, 2 countries
By Didi Tang and The Associated PressMarch 10, 2026
2 days ago
RetailRetail
The ‘Singapore-washing’ strategy starts to unwind as both China and the U.S. closely scrutinize corporate roots
By Angelica AngMarch 9, 2026
3 days ago
EconomyMarkets
Oil worries and Iran war hammer Asian stocks, with Korea’s KOSPI taking the biggest hit
By Angelica AngMarch 9, 2026
3 days ago

Most Popular

placeholder alt text
Economy
'This cannot be sustainable': The U.S. borrowed $50 billion a week for the past five months, the CBO says
By Eleanor PringleMarch 10, 2026
2 days ago
placeholder alt text
AI
'Proceed with caution': Elon Musk offers warning after Amazon reportedly held mandatory meeting to address 'high blast radius' AI-related incident
By Sasha RogelbergMarch 11, 2026
20 hours ago
placeholder alt text
Commentary
How the ultrawealthy use smartphone apps to avoid millions in taxes
By Jose AtilesMarch 11, 2026
1 day ago
placeholder alt text
Future of Work
Shark Tank's Kevin O'Leary doesn't care if you work from your basement. He just wants to know if you can ‘execute’
By Marco Quiroz-GutierrezMarch 10, 2026
2 days ago
placeholder alt text
Big Tech
Big tech has defeated everything for 30 years, but for the first time faces something it can't control: a jury
By Carolina Rossini and The ConversationMarch 10, 2026
2 days ago
placeholder alt text
Personal Finance
Retirees wait for the day they can sell their homes and cash in—but there's a secret Medicare 'trap' that could stop them in their tracks
By Sydney LakeMarch 11, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.