Singapore High Court dismisses cybersquatter's lawsuit against Grab unit

Singapore

THE Singapore High Court has dismissed a lawsuit by management consultancy 3 Corporate Services (3CS) against Grabtaxi Holdings, a unit of Grab, over a dispute involving 3CS' attempt to sell an online domain name to the super-app player.

In July 2017, Ho Qiyang Mark, the sole shareholder of 3CS, had offered to sell the domain name "grab.co.id" to Grabtaxi for US$250,000. In its lawsuit, 3CS alleged that Grabtaxi had later reneged on an agreement to buy over the domain name.