Grab’s acquisition of Uber scrutinised Business

Grab’s acquisition of Uber scrutinised

The Ministry of Industry and Trade (MoIT) has set up a council to scrutinise alleged violations of competition regulations in ride-hailing services firm Grab’s acquisition of Uber’s business in Vietnam.
Court delays Vinasun lawsuit against Grab Business

Court delays Vinasun lawsuit against Grab

The Ho Chi Minh City People’s Court has adjourned trial proceedings brought against ride-hailing service Grab by Vinasun taxi company, which has accused Grab of unfair business practices and demanded compensation of 41.2 billion VND (1.75 million USD) for losses it has suffered.
Vinasun suit against Grab delayed again Business

Vinasun suit against Grab delayed again

The Ho Chi Minh City People’s Economic Court has once again adjourned the suit filed by taxi operator Vinasun against ride-hailing service Grab, which accuses it of unfair business practices and demands compensation.
Grab, Uber fined nearly 10 million USD in Singapore World

Grab, Uber fined nearly 10 million USD in Singapore

Singaporean authorities have fined Grab and Uber total 13 million SGD (9.5 million USD) for violating its competition law during their merging, pushing taxi fares up and restricting opportunities of rivals.
Uber BV completely pays off tax arrears Business

Uber BV completely pays off tax arrears

The Netherlands-based Uber BV Company has completed its remaining tax arrears payment of 53 billion VND (2.26 million USD), immediately after the firm withdrew its petition against the Ho Chi Minh City’s Department of Tax department.
Singapore sets interim measures for Grab-Uber merger World

Singapore sets interim measures for Grab-Uber merger

The Competition and Consumer Commission of Singapore (CCCS) said on April 13 that it has imposed several interim measures on Grab’s acquisition of Uber until competent agencies finish their investigation into the deal.
Philippines investigates Grab-Uber deal World

Philippines investigates Grab-Uber deal

The Philippines has announced that it will put the ride-sharing service provider Grab into the anti-competition watchlist after its acquisition of rival Uber’s Southeast Asia business.