MVL Reports
Check MVL's monthly report to stay
updated on the latest news from the
past month.
MVL Reports
Check MVL's monthly report to stay
updated on the latest news from the past month.

WeeklyWeekly News (2024.07.22)

22 Jul 2024


1. TADA plans to enter Hong Kong

On July 18, MVL's ride-hailing subsidiary, TADA, announced its plans to enter the Hong Kong market by the end of November this year, as reported by the Straits Times, a leading newspaper in Singapore.
Currently, the Hong Kong ride-hailing market is dominated by Uber, which charges drivers a commission of 15 to 35 percent.
In this context, TADA's zero-commission policy for drivers has been very well received by Hong Kong drivers and users.
Through TADA's expansion into Hong Kong, MVL's mobility data network DePIN ecosystem is also expected to expand.
For further details, please refer to the link provided below.

๐Ÿ‘‰ https://bit.ly/4d2H2BC 

2. MVL Forms Partnership with SIX Network

MVL has entered a strategic partnership with SIX Network, a leading blockchain company based in Thailand, to expand the DePIN mobility data network ecosystem.
SIX Network is dedicated to simplifying Web3 adoption for businesses and users, making blockchain technology accessible to everyone.
MVL is the parent company of TADA, a ride-hailing service operating in four countries in Southeast Asia, including Thailand.
Also, MVL is building the mobility data network DePIN ecosystem by supporting Web3 onboarding of mobility users through token incentives.
Through this partnership, MVL aims to strengthen marketing collaboration and undertake various joint activities in Thailand to activate the network and community.
For further details, please refer to the link provided below.

๐Ÿ‘‰ https://mvlchain.page.link/RyHn 

3. MVL x U2U Network, Partnership Celebration Giveaway

MVL held a Twitter Mission event from July 15th to 19th to celebrate its partnership with U2U Network.
To participate, you must follow mvlchain and uniultra_xyz on Twitter, like and retweet the event post, mention 3 friends in the comments, and provide your MetaMask wallet address in the comments.
This event will reward $20 worth of bMVL to 25 fortunate winners and an Uniceran NFT to another 25 fortunate winners.
MVL will continue to organize a variety of events in order to enhance the DePIN ecosystem, and we encourage you to stay updated.
For additional information, please click the link provided below.

๐Ÿ‘‰ https://x.com/mvlchain/status/1812738156120465705 


40 Sin Ming Ln, Singapore 573958

โ“’ MVL Foundation Pte. Ltd. All rights reserved.

40 Sin Ming Ln, Singapore 573958

โ“’ MVL Foundation Pte. Ltd. All rights reserved.