26 Mar '18, 6am

The Grab-Uber deal will also give Grab rocket fuel in its food delivery service.

The Grab-Uber deal will also give Grab rocket fuel in its food delivery service.

Eat this. Malaysian startup gobbles US giant’s Southeast Asian operations. If that isn’t the biggest news of the day , I don’t know what is. Coincidently, it happens to be the biggest deal of its kind in the region. In case you haven’t heard, Grab is acquiring Uber ’s Southeast Asian operations which covers eight countries. We’re talking about a USD6 billion combined valuation, based on the 27.5 percent stake Uber will take in Grab. The deal will also see Uber CEO Dara Khosrowshahi joining the Grab board. While ride-sharing is high on the agenda, Grab will also grab another piece of pie – Uber Eats , Uber’s growing food delivery platform. This will fast track GrabFood –Grab’s food delivery expansion in Southeast Asia which is currently present in Indonesia and Thailand. It plans to expand to Singapore and Malaysia soon. Uber Eats, meanwhile, has existing operations in Sing...

Full article: https://vernonchan.com/uber-acquisition-will-make-grabfoo...

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Grab confirms acquisition of Uber in Southeast ...

channelnewsasia.com 26 Mar '18, 2am

SINGAPORE: Grab announced on Monday (Mar 26) that it has acquired Uber’s Southeast Asia operations, confirming reports of ...

Grab confirms acquisition of Uber in Southeast ...

channelnewsasia.com 26 Mar '18, 3am

SINGAPORE: Grab announced on Monday (Mar 26) that it has acquired Uber’s Southeast Asia operations, confirming reports of ...

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JUST IN: Grab buys Uber's South-east Asia business; Uber gets 27.5% stake in Grab

JUST IN: Grab buys Uber's South-east Asia busin...

straitstimes.com 26 Mar '18, 2am

SINGAPORE - Grab on Monday (March 26) confirmed that it has acquired Uber's South-east Asia operations for an undisclosed ...

Grab grabs (and eats) Uber. Epic.

Grab grabs (and eats) Uber. Epic.

vernonchan.com 26 Mar '18, 4am

So, it’s official. The rumours were true after all. Grab is acquiring Uber ’s operations in Southeast Asia. Effective toda...

Singapore-based Grab is taking over the ride-sharing and food delivery operations of Uber.

Singapore-based Grab is taking over the ride-sh...

zeenews.india.com 26 Mar '18, 5am

Singapore: Uber sold its Southeast Asian business to rival Grab, ending a bruising battle between the ride-hailing behemot...

Things you need to know now that Grab is acquiring Uber in Southeast Asia:

Things you need to know now that Grab is acquir...

mothership.sg 26 Mar '18, 10am

Say goodbye to Uber in Singapore, folks. On Monday, March 26, we learned the official news that Grab has acquired Uber’s o...

Grab’s acquisition of Uber in Southeast Asia: 5...

channelnewsasia.com 26 Mar '18, 12pm

SINGAPORE: Following speculation over the weekend , Grab confirmed on Monday morning (Mar 26) that it has acquired Uber’s ...

Singapore’s competition watchdog not notified a...

channelnewsasia.com 26 Mar '18, 11am

SINGAPORE: While it is aware of Grab’s acquisition of Uber ’s Southeast Asia business, Singapore’s competition watchdog sa...

"Grab officially acquires Uber’s Southeast Asia...

paultan.org 26 Mar '18, 5am

Well, it’s now a done deal. Grab has officially announced it has acquired Uber’s Southeast Asia operations , which is clai...

Uber is pulling out of Southeast Asia, selling its operations to Singapore-based Grab

Uber is pulling out of Southeast Asia, selling ...

bloomberg.com 26 Mar '18, 2am

For San Francisco-based Uber, pulling out of running its own business in Southeast Asia cuts back on losses ahead of a pla...

Grab takes over Uber’s Southeast Asia operation...

soyacincau.com 26 Mar '18, 1pm

Grab takes over Uber’s Southeast Asia operations while Uber takes 27.5% stake in Grab. Posted: March 26, 2018 By: Rory Lee...

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paultan.org 26 Mar '18, 2am

According to a report from Bloomberg , Uber has confirmed it well sell its Southeast Asian division to Grab, with the deal...

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scmp.com 25 Mar '18, 10pm

Ride-hailing firm Uber Technologies Inc has agreed to sell its Southeast Asian business to bigger regional rival Grab, sou...

Uber app will no longer work in SEA from April 8 onwards; Grab promises no fare hikes.

Uber app will no longer work in SEA from April ...

coconuts.co 26 Mar '18, 4am

Yeap, it’s official — Grab has won the long ride-hailing battle against Uber in Southeast Asia. The Singapore-based firm a...