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Grab Holdings Inc. is a Singaporean multinational technology company headquartered in One-North, Singapore.It is the developer of a super-app for ride-hailing, food delivery, and digital payment services on mobile devices that operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam.
In 2016, GoBank partnered with Uber to launch the Uber Debit Card, [17] enabling Uber drivers to cash out their ride fare immediately. On January 30, 2017, it was reported that UniRush LLC would be sold to Green Dot Corp. in a deal valued around $147 million. The deal was projected to add around 750,000 cardholders to Green Dot's network. [18]
Under the agreement, Grab will acquire all of Uber's operations in a region of 620 million people, including food delivery service UberEats. A few days later, the Competition and Consumer Commission of Singapore (CCCS) (then Competition Commission of Singapore) commences investigations into the merger, about which they are not notified ...
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Yahoo Finance's Myles Udland, Jen Rogers, Dan Roberts, and Melody Hahm discuss the possible merger between two big players in the food delivery space.
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