30 Mar '18, 10pm

Uber is taking 27% of Grab's business in Singapore as it exits the region

Uber’s exit from Southeast Asia is under scrutiny from regulators in Singapore who believe that Grab’s purchase of the U.S. firm’s business in the region may violates competition laws. Singapore-based Grab, Uber’s chief rival in the region, announced the acquisition of Uber’s Southeast Asian business on Monday . In return, Uber is taking 27.5 percent of the Grab business, which is valued at over $6 billion, in a move that appears to be a win for both parties . Grab plans to shutter the Uber app in less than two weeks and migrate passengers and drivers to its services. It will also integrate Uber Eats into its nascent food delivery service. The coming together has already concerned consumers, who believe that prices may rise without two companies competeting head-to-head, and now the Competition Commission of Singapore (CCS) has announced that it is looking into the deal. T...

Full article: https://techcrunch.com/2018/03/30/singapore-says-uber-gra...

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Singapore says Uber-Grab deal may violate compe...

techcrunch.com 30 Mar '18, 4pm

Uber’s exit from Southeast Asia is under scrutiny from regulators in Singapore who believe that Grab’s purchase of the U.S...

Singapore says Uber-Grab deal may violate compe...

vivalasgidi.com 30 Mar '18, 4pm

Uber’s exit from Southeast Asia is under scrutiny from regulators in Singapore who believe that Grab’s purchase of the U.S...

Singapore says Uber-Grab deal may flout competition rules

Singapore says Uber-Grab deal may flout competi...

phys.org 30 Mar '18, 12pm

The sale ends a bruising battle between the ride-hailing behemoths The sale of Uber's Southeast Asian business to Singapor...

Singapore says Uber-Grab deal may flout competition rules

Singapore says Uber-Grab deal may flout competi...

news.abs-cbn.com 30 Mar '18, 1pm

Singapore-based Grab is set to take over Uber's ride-sharing and food delivery operations in Southeast Asia. Edgar Su, Reu...

Singapore watchdog says Uber-Grab deal may have...

reuters.com 30 Mar '18, 2pm

SINGAPORE (Reuters) - Singapore’s competition watchdog said it had reasonable grounds to suspect competition had been infr...

Singapore's competition watchdog says Uber-Grab...

thestar.com.my 30 Mar '18, 8am

SINGAPORE: Singapore's competition watchdog said on Friday that it had reasonable grounds for suspecting competition had b...

Singapore watchdog says Uber-Grab deal may have...

reuters.com 30 Mar '18, 9am

SINGAPORE (Reuters) - Singapore’s competition watchdog said it had reasonable grounds to suspect competition had been infr...

Singapore watchdog says Uber-Grab deal may have...

reuters.com 30 Mar '18, 8am

SINGAPORE (Reuters) - Singapore’s competition watchdog said it had reasonable grounds to suspect competition had been infr...

Uber-Grab Deal May Have Infringed Competition, Singapore Watchdog Says

Uber-Grab Deal May Have Infringed Competition, ...

gadgets.ndtv.com 31 Mar '18, 6am

Singapore's competition watchdog said it had reasonable grounds to suspect competition had been infringed by Uber's deal t...

Singapore watchdog says Uber-Grab deal infringes competition

Singapore watchdog says Uber-Grab deal infringe...

bangkokpost.com 30 Mar '18, 8am

A ComfortDelgro taxi passes Uber and Grab offices in Singapore on March 26, 2018. (Reuters photo) - + SINGAPORE: Singapore...

Uber-Grab merger under investigation for possib...

zdnet.com 30 Mar '18, 2pm

Grab's bid to acquire Uber's Southeast Asian operations is being investigated in Singapore for possible infringement of ma...

Uber-Grab merger under investigation for possib...

zdnet.com 30 Mar '18, 1pm

Grab's bid to acquire Uber's Southeast Asian operations is being investigated in Singapore for possible infringement of ma...

Singapore's competition watchdog says Uber-Grab...

reuters.com 30 Mar '18, 7am

SINGAPORE (Reuters) - Singapore’s competition watchdog said it had reasonable grounds to suspect competition had been infr...

Singapore's competition watchdog says Uber-Grab...

reuters.com 30 Mar '18, 7am

SINGAPORE (Reuters) - Singapore’s competition watchdog said on Friday that it had reasonable grounds for suspecting compet...

Singapore watchdog says Uber-Grab deal may have...

cnbc.com 30 Mar '18, 11am

Singapore's competition watchdog said it had reasonable grounds to suspect competition had been infringed by Uber Technolo...