Tag: Grab
Alibaba Considers $3B Deal With Ride-Hailing App Grab
Alibaba, the Chinese eCommerce behemoth, is reportedly in talks to invest US$3 billion in Singapore-based Grab Holdings, which is best known for...
Grab Appeal’s Indonesia’s Antitrust Decision
Solusi Transportasi Indonesia, the local operating arm of Southeast Asia ride-hailing giant Grab, plans to seek an appeal after the Indonesian antitrust...
Gojek Notches $1.2B In Funding To Compete With Rival Grab
To compete with Grab Holdings, Gojek has beaten tech industry tumult amid the coronavirus pandemic and notched $1.2 billion in fundraising, Bloomberg reported.
The new funding was...
Grab To Appeal Malaysian High Court Over Antitrust Fine
Southeast Asian ride-hailing firm Grab plans to appeal Malaysia’s high court’s dismissal of its application challenging the country’s competition watchdog’s proposed fine...
Asian Giants Gojek, Grab In Merger Talks
Southeast Asia’s largest ride-hailing and food delivery companies Grab and Gojek, both of which command valuations of over US$10 billion each, are...
Grab Takes Malaysian Regulator To Court Over Fines
In October last year, the Malaysia Competition Commission (MyCC) proposed a fine against Grab. MyCC alleged that the ride-hailing giant abused its...
Philippines: Grab to refund passengers for overcharging
Grab announced Thursday, December 19, that it would refund a total of 14.1 million pesos (US$278,000) to the GrabPay wallets of passengers...
Malaysia: Watchdog to decide on Grab case on Thursday
Malaysia’s Competition Commission (MyCC) said it will announce its decision on Thursday after investigating whether ride-hailing firm Grab is anti-competitive.
Vietnam: Watchdog appeals Grab-Uber antitrust ruling
Vietnam’s competition watchdog has appealed a ruling that Grab did not violate antitrust laws in its acquisition of Uber’s operations in the country.
The Vietnam Competition and...
Vietnam: Grab-Uber deal to be probed again
Vietnamese authorities plan to conduct further investigations into the merger of Grab and Uber last year over possible antitrust regulations violations, announced the Ministry...
