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Singapore's anti-trust body proposed fines on ride-hailing firms Grab and Uber, provisionally finding that their merger had reduced competition and suggesting remedies such as the sale of their ...
With 13,000 eateries across Singapore, Hong Kong, China, Indonesia, and Thailand, Chope will integrate with Grab’s existing services, such as HungryGoWhere, acquired in 2022.
Singapore's competition watchdog on Friday outlined a set of interim measures for ride-hailing firms Grab and Uber Technologies to ensure an open market as it continued its investigation into ...
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.
Grab Holdings, Southeast Asia's most valuable tech unicorn, is going public in New York following a blockbuster US$39.6 billion merger with a blank cheque company. The Singapore ride-hailing and ...
Uber was launched on November 22, 2016 in Dhaka, but within 36 hours of its launching, Bangladesh Road Transport Authority (BRTA) declared it illegal. [27] Uber and other ridesharing companies lobbied the government to legalize ridesharing companies. Though the government ban was still on effect, the ridesharing companies operated in the city.
Grab, Uber's rival in Southeast Asia, acquires Uber’s Southeast Asia operations. As part of the acquisition, Uber will take a 27.5% stake in Grab. [57] April 12: International expansion: Uber launches in Buenos Aires, Argentina amidst claims of illegality and taxi protests. [58] May 7–9: Local retreat
Grab expects to generate between $3.33 billion and $3.4 billion in revenue for the coming year, which would be around 20% higher than its 2024 revenue of $2.8 billion.