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Responding to CNA queries on Thursday, Grab reiterated its statement from earlier this thirty day period that it "desired to assist Trans-Cab in its electronic transformation and enable to enhance its motorists’ livelihoods" as customer behaviours change.
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But CCCS mentioned this yr which the merger may give seize the leverage to induce Trans-cab drivers to utilize Grab’s journey-hail platform over rival platforms, introducing that drivers who rent from trip-hail System-owned fleets are not as likely to utilize a System that is different within the a single they've rented their motor vehicle from.
The watchdog mentioned before this month that drivers and travellers could facial area increased prices if Level of competition constraints on Grab from rival platforms are weakened.
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adhering to Thursday's announcement, CCCS observed Grab’s "motivation to functioning in compliance with Opposition rules and their intention to contribute positively on the aggressive landscape in Singapore".
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It’s no top secret that Singaporeans Have got a whopping urge for food for large motor vehicles. But does the scale genuinely subject? Our reply is a resounding Indeed — especially if you’re shifting all over city in a considerable troop.
previously this 7 days, get produced headlines right after productively attaining Singapore-dependent cafe reservation System Chope for an undisclosed quantity.
This is because the proposed acquisition will "substantially weaken" rival trip-hail platforms in Singapore, therefore making it much more very likely for seize to "entrench and reinforce [its] previously dominant place".
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The poll observed that two-thirds of respondents encountered dangerous content within the six specified social websites platforms.