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In a rare move, Singapore last week proposed interim measures to require Uber and Grab to maintain their pre-transaction independent pricing until it completes a review of the deal, saying it had ...
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.
Southeast Asia's biggest ride-hailing firm, Grab, is in advanced negotiations to buy parts of Uber Technologies Inc's business in the region, said a source with knowledge of the talks, in what ...
On October 23, 2014, despite the recommendation of the Metropolitan Manila Development Authority, [180] the Philippine Land Transportation Franchising and Regulatory Board (LTFRB) imposed a ₱120,000 (US$2,676) to ₱200,000 (US$4,460) fine for the use of the Uber app. [181] A spokesperson for the board said that the fines were issued because ...
In November 2023, inDrive launched in the Philippine cities of Bacolod, Baguio, Butuan, Cagayan de Oro, and Iloilo. [41] However, in January 2024, the Land Transportation Franchising and Regulatory Board suspended inDrive operations in the country due to allegations of price bargaining , which violates the board's terms and conditions for ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 18 February 2025. American ridesharing and delivery company For other uses, see Über and Uber (disambiguation). Uber Technologies, Inc. Headquarters in Mission Bay, San Francisco Formerly Ubercab (2009–2011) Company type Public Traded as NYSE: UBER DJTA component S&P 500 component Industry ...
Uber sold its Southeast Asian business to bigger regional rival Grab in March in exchange for a stake in the Singapore-based firm, following similar deals by the U.S. firm in China and Russia.
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.