Uber taken over by Grab in Asia-Pacific — PinoyExchange

Uber taken over by Grab in Asia-Pacific

Source: Philkotse.com

Uber has a stake of 27.5% in Grab.
Having made each other their arch-rival in the region, Uber and Grab now shocked the whole Southeast Asia when shaking hands agreeing on that Uber sold all their assets in Asia-Pacific to their used-to-be main competitor, Grab. Besides, Uber has a stake of 27.5% in Grab.

Following the event, CEO Dara Khosrowshahi from Uber is supposed to make a move to Grab’s board as well.

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CEO Dara Khosrowshahi from Uber is supposed to make a move to Grab’s board as well

Grab later made a statement saying they (Grab and Uber) are both endeavoring to migrate riders and drivers of Uber in the region, at least in Singapore. There is still some mystery needed to be revealed about how Uber users will transition to Grab. Meanwhile, Uber will keep up their work for two weeks from now.

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There is still some mystery needed to be revealed to know how Uber users will transition to Grab

At the moment Grab is operating in eight South-Asian countries including the Philippines, Vietnam, Thailand, Singapore, Malaysia, Indonesia, Myanmar, and Cambodia. After the Uber take-over by Grab, along with the riding service, Ubereats will also be taken over by Grabfood.

After this significant move, Grab has laid a solid foundation in its way to lead O2O (Online-to-Offline) mobile platform in the region.

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Uber has a stake of 27.5% in Grab

Comments

  • Though mas maka-Grab ako dati, I miss Uber. Ang mahal na kasi ng rates ngayon. Pero hopefully, sa pagpasok ng ibang ride sharing apps, mas gumanda ang competition. 
  • meron na bang grab motorcycle? mas mura
  • totoo ba na LUGI na ang maging Grab driver? kasing baba na ng taxi yun fare.


    lipat na kayo sa GoLag, HYPE at OWTO. tapos sabi ng LTO 65,000 TNVs lang ang para sa Metro Manila. 60,000 na ang Uber at Grab combined.
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