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

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1202 Driver Rider Guru
 Posted 3 years, 3 months ago

The rumor has now been confirmed  



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    423 Driver Rider
     3 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.

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      236 Rider Driver
       3 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.

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    174 Rider
     3 years ago

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

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    189 Rider
     3 years ago

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