Related: Grab Expands Carpooling Service to Malaysia, Philippines
Grab Acquires Uber's Southeast Asia Operations
The two companies are working together to seamlessly integrate Uber’s drivers and riders onto Grab’s app.
by Staff
March 27, 2018
1 min to read
Singapore-based ride-hailing company Grab officially announced that it has acquired Uber’s Southeast Asia operations.
Grab, which celebrated its five-year anniversary in 2017, plans to integrate Uber’s ridesharing and food delivery tech into its own existing multi-model transportation platform.
The acquisition includes Uber’s assets in Cambodia, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. Additionally, Uber now holds a 27.5% stake in Grab and Uber CEO Dara Khosrowshahi will sit on Grab’s board.
The two companies are working together to seamlessly integrate Uber’s drivers and riders onto Grab’s app.
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