#449 - Will Grab, Trans-cab Merger Lessen Competition? & Foodpanda CEO Replaced After Allegedly Leaking Confidential Information of Grab Sale
This past week, Singapore’s competition watchdog pumped the brakes on the Grab-Trans-cab merger, voicing concerns over how Trans-cab taxi drivers’ usage of other ride-hailing platforms would be affected. Would this merger really lessen competition in the industry? Elsewhere, the Foodpanda CEO was shown the door after allegations of leaking confidential information on a potential sale of the company to Grab. We go through the unfortunate sequence of events and Whatsapp messages between him and his partner that led to his release.
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Will Grab, Trans-cab Merger Lessen Competition?
- Potential Grab, Trans-cab merger could block entry and expansion of rival ride-hailing platforms: Competition watchdog
- Proposed Acquisition by Grab Rentals Pte. Ltd. of Trans-cab Holdings Ltd. | CCCS
- [[Jul 2023] Grab to acquire Trans-cab, Singapore’s third-largest taxi operator - CNA](https://www.channelnewsasia.com/singapore/grab-acquire-trans-cab-singapore-taxi-operator-3641776)
- [[Jul 2023] Analysis: Grab's acquisition of Trans-cab should mean shorter wait for rides; fares unlikely to increase - TODAY](https://www.todayonline.com/singapore/analysis-grabs-acquisition-trans-cab-should-mean-shorter-wait-rides-fares-unlikely-increase-2216521)
- [[April 2023] Strides and Premier to merge, forming Singapore’s second-largest taxi operator](https://www.todayonline.com/singapore/strides-and-premier-merge-forming-singapores-second-largest-taxi-operator-2150061)
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Foodpanda CEO Replaced After Allegedly Leaking Confidential Information of Grab Sale
- Foodpanda replaces APAC CEO following his alleged leaks of potential sale of platform to Grab
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