Grab pools taxis and private cars on dynamic fares into JustGrab
Exclusive tie-ups with taxi operators, a larger pool of drivers and a streamlined fare structure will give Grab market dominance, say observers
Singapore
IN one fell swoop, Grab is merging what used to be the two separate markets of taxis and private-hire cars into one - a move that observers say can entrench its market dominance.
This change takes the form of a new service called JustGrab. Starting Wednesday, more than 10,500 taxis join Grab's private-car fleet on JustGrab.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Tesla lays off more staff in software, service teams, Electrek reports
GLP says 2025 bond repayment sources identified
Volvo Cars April sales rise on strong EV demand
EV automakers get reprieve in US tax credit rules
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
Luminar to cut nearly 20% jobs as part of restructuring