Grab is Southeast Asia’s answer to Uber. The company is headquartered in Singapore and boasts a revenue of $1 billion and a valuation of $11 billion. According to statistics, it has 36 million users and 2.6 million drivers. The company’s drivers supply riders with 4 million rides a day...
the Southeast Asian market in the attempt of becoming the number one online-to-offline mobile platform in the region. Grab has since extended its leadership and has taken over Uber’s operations and assets in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet...
SINGAPORE AND SAN FRANCISCO – March 26, 2018 – Grab today announced that it has acquired Uber’s Southeast Asia operations. This deal is the largest-ever of its kind in Southeast Asia. Grab will integrate Uber’s ridesharing and food delivery business in the region into Grab’s existing ...
The deal, CCCS noted, had resulted in "a substantial lessening of competition" in the provision of such services in Singapore. Amongst the complaints it received, the government agency noted that Grab in July 2018 made sweeping changes to its rewards scheme that slashed the points riders would ...
Singapore on Monday fined ride-hailing firms Grab and Uber $9.5 million for breaking competition rules when they merged, saying the deal had increased fares and thrown up roadblocks for competitors.
In Singapore, Uber's main competitor, Grab, has offered the advanced booking feature for slightly over a year now. While Uber's feature appears to come without additional fees (apart from surge pricing), users can expect to pay about S$5 ($3.70) extra on Grab for scheduled rides. Grab ...
While GRAB could be something new if you are visiting Southeast Asia for the first time. For your information, GRAB is Southeast Asia’s own version of UBER and works pretty much the same way. It is an extremely popular ride-sharing app in Thailand, Malaysia, Vietnam, Singapore, Indonesia...
If a driver has accepted your trip request, Uber does not guarantee that they will have arrived by the time your flight lands. ***Rides at these airports available through the Grab app, which is not an Uber entity. Uber is not responsible for the products and services of third parties....
If a driver has accepted your trip request, Uber does not guarantee that they will have arrived by the time your flight lands. ***Rides at these airports available through the Grab app, which is not an Uber entity. Uber is not responsible for the products and services of third parties....
will get a 27.5% stake in Singapore-based Grab (a stake worth several billion dollars, according to Uber), and about 500 employees will transition to Grab as well. The deal also includes the food delivery venture UberEats, and it means that Uber CEO Dara Khosrowshahi will join Grab's ...