Deal between Grab and Uber may be prohibited in Vietnam?

Deal between Grab and Uber may be prohibited in Vietnam?

It is now in the hands of the VCC to decide whether the M&A between Grab and Uber violates Vietnamese competition law.
New measures protect Grab users against 'excessive' surge prices, but no restoring of discounts expected

New measures protect Grab users against 'excessive' surge prices, but no restoring of discounts expected

As part of measures imposed by the Competition and Consumer Commission of Singapore (CCCS) to level the playing field in the ride-hailing industry, Grab will now be required to maintain its pre-merger pricing algorithm.
Singapore competition watchdog fines Grab, Uber S$13 million in total over merger deal

Singapore competition watchdog fines Grab, Uber S$13 million in total over merger deal

Singapore's competition watchdog has fined Grab and Uber a total of S$13 million over their merger, saying that the deal has led to the substantial eroding of competition in the ride-hailing market.
Go-Jek to raise at least $2 billion in funding

Go-Jek to raise at least $2 billion in funding

Go-Jek has just announced intentions to raise at least $2 billion to fuel its accelerated overseas expansion.
Uber completes tax payment for Ho Chi Minh City

Uber completes tax payment for Ho Chi Minh City

Uber B.V completed the payment of $2.36 million of tax, dispelling previous worries that the arrears may not be enforceable.
Call to relax regulations on the classification of ride-hailing firms

Call to relax regulations on the classification of ride-hailing firms

Experts are urging regulatory bodies to relax regulations on treating ride-hailing companies as taxis because of the consequences on development.
Uber quarterly loss jumps as it invests in 'big bets'

Uber quarterly loss jumps as it invests in 'big bets'

Uber on Wednesday (Aug 15) disclosed that its quarterly loss jumped despite taking in more money, as it invested in scooters and other "big bets."
Local ride-hailing apps struggle to compete with Grab

Local ride-hailing apps struggle to compete with Grab

Vietnamese ride-hailing businesses are still struggling to grab market share even after the departure of Uber from Southeast Asia and complaints about the top ride-hailing app Grab.
Traditional taxi firms urged to apply technology and adapt to ride-hailing trend

Traditional taxi firms urged to apply technology and adapt to ride-hailing trend

As ride-hailing services like Grab have become increasingly popular, traditional taxi firms are urged to apply technology and adapt to ride-hailing trend.
Grab may have to operate as taxi firm

Grab may have to operate as taxi firm

Once the government approves the MoT's proposal, Grab will have to operate as a taxi firm and have to install a light box with the words “Electronic taxi.”
Taxi associations team up to fight Grab

Taxi associations team up to fight Grab

The taxi associations from the three regions proposed MoT to issue solutions to stop business co-operation contracts between Grab and traditional taxi firms.
Mai Linh merges subsidiaries to compete with Grab

Mai Linh merges subsidiaries to compete with Grab

Mai Linh Group will merge Mai Linh Central JSC and Mai Linh Northern JSC to streamline its operations and concentrate resources to compete with Grab.
Vinataxi and Savico Taxi to merge to compete with Grab

Vinataxi and Savico Taxi to merge to compete with Grab

The merger between Vinataxi and Savico Taxi may help them overcome the competition with Grab and other ride-hailing applications
Mai Linh needs to redouble efforts to win back market from Grab

Mai Linh needs to redouble efforts to win back market from Grab

With new international deals, Mai Linh is trying regain market share from Grab, but there might be need for more.
FastGo launches ride-hailing app with massive incentives

FastGo launches ride-hailing app with massive incentives

On June 12, FastGo was officially launched in Vietnam, marking a new heavyweight on the ride-hailing playground.
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