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

Trendingnow

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it's the lesson he swears by as a $7.2 billion AI CEO

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it's the lesson he swears by as a $7.2 billion AI CEO
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
Add Fortune on Google for similar content.

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. 

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
Add Fortune on Google for similar content.

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
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
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
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Asia

Anthropic’s Alibaba fight raises a trillion-dollar question for IPO: How defensible is a frontier AI moat against China with Washington’s toolbox?
AIAnthropic
Anthropic’s Alibaba fight raises a trillion-dollar question for IPO: How defensible is a frontier AI moat against China with Washington’s toolbox?
By Mia OsmonbekovJune 28, 2026
9 hours ago
Trump says he is nominating former Oklahoma state trooper Lance Schroyer as ICE director
PoliticsICE
Trump says he is nominating former Oklahoma state trooper Lance Schroyer as ICE director
By Ali Swenson and The Associated PressJune 27, 2026
20 hours ago
Apple seeks U.S. approval to buy chips from blacklisted CXMT: FT
Big TechChips
Apple seeks U.S. approval to buy chips from blacklisted CXMT: FT
By Angela Cullen and BloombergJune 27, 2026
1 day ago
Singapore grads battle low-paid trainee stigma to get hired
AsiaSingapore
Singapore grads battle low-paid trainee stigma to get hired
By Gabrielle Ng and BloombergJune 26, 2026
2 days ago
Maybank Singapore CEO Alvin Lee looks to tap the silver economy and cross-border flows to grow his business
BankingSingapore
Maybank Singapore CEO Alvin Lee looks to tap the silver economy and cross-border flows to grow his business
By Angelica AngJune 25, 2026
4 days ago
US says chemical maker Chemours will pay $450M in penalties and relief programs to three states to settle ‘forever chemicals’ case
EnvironmentEnvironment
US says chemical maker Chemours will pay $450M in penalties and relief programs to three states to settle ‘forever chemicals’ case
By The Associated PressJune 24, 2026
4 days ago

Most Popular

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
1 day ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
4 days ago
Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it's the lesson he swears by as a $7.2 billion AI CEO
Success
Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it's the lesson he swears by as a $7.2 billion AI CEO
By Orianna Rosa RoyleJune 28, 2026
8 hours ago
The 33-year-old executive Satya Nadella is trusting to fix Microsoft’s Copilot AI assistant
AI
The 33-year-old executive Satya Nadella is trusting to fix Microsoft’s Copilot AI assistant
By Sebastian HerreraJune 27, 2026
1 day ago
The end of Putin’s regime will spring from war spending chaos, former central bank advisor says, amid military mutiny threat and fuel-shortage brawls
Europe
The end of Putin’s regime will spring from war spending chaos, former central bank advisor says, amid military mutiny threat and fuel-shortage brawls
By Jason MaJune 27, 2026
1 day ago
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
5 days 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.