×
Post New Topic

Uber Agrees to Sell Its Operations in Southeast Asia to Competitor Grab

{{ ratingSum }}
ippei
1202 Rider Driver Guru
 Posted 6 years, 2 months ago

The rumor has now been confirmed  

https://thepointsguy.com/2018/03/uber-sells-southeast-asian-operations/

Comments

    {{ ratingSum }}
    joeyj
    422 Rider Driver
     6 years ago

    "The deal would mean the end of a costly effort by Uber to compete with Grab and an Indonesian-based motorcycle ride-hailing company, Go-Jek."

    So does this deal include Go Jek? I thought Grab and Go Jek were separate companies. Maybe this is just bad writing.

    Show Hide  1 Reply
      {{ ratingSum }}
      lionfool
      236 Rider Driver
       6 years ago

      Yeah it's hard to tell. I think he just means Uber was investing a ton of money between the two. Probably they'll strike a deal with gojek soon as well would be my guess.

    {{ ratingSum }}
    bob
    175 Rider
     6 years ago

    Wow, I had no idea that Grab was big enough to handle this. Go Grab.

    {{ ratingSum }}
    babarett
    196 Rider
     6 years ago

    I heard this rumor a week ago maybe? Interesting that it has been confirmed!