About Acquisition of Business in Southeast Asia, It's Grab and Uber
Grab is rumored to be acquired Uber Technologies Inc. business in Southeast Asia.
Regarding this matter, the management of Grab and Uber in Indonesia has not been willing to respond to the news.
"We are sorry that Uber does not comment on rumors and speculation," said Dian Safitri, Head of Communications of Uber Indonesia as quoted by quoted from Kontan, Tuesday (13/3/2018).
The same thing is conveyed by Grab Indonesia management. "We are sorry Grab can not comment on rumors and speculation," said Mediko Azwar, Marketing, Marketing Director Grab Indonesia
As reported by Bloomberg, Thursday (8/3/2018), Grab acquisition agreement with Uber will be signed this week or next week.
Under the terms of the deal, Grab will purchase Uber operations in a number of markets in Southeast Asia. Meanwhile, instead, Uber will own Grab's shares.
This acquisition structure is similar to a business deal between Uber and Didi Chuxing in China in 2016. At that time, Uber sold its operations in China and acquired Didi Chuxing's shares.
Grab is currently being downloaded by 81 million users in Southeast Asia and has 2.4 million driver partners in 191 cities across 8 countries. (Annisa Heriyanti)
Thanks sharing information c
Congratulations @promo.steemit! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Congratulations @promo.steemit! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!