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Would it be respite or wreckage for ComfortDelGro as Grab acquires Uber's Southeast Asia business?

Stanislaus Jude Chan
Stanislaus Jude Chan • 3 min read
Would it be respite or wreckage for ComfortDelGro as Grab acquires Uber's Southeast Asia business?
SINGAPORE (Mar 26): ComfortDelGro Corporation’s long-drawn plan to strike a strategic alliance with Uber Technologies could now be in limbo.
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SINGAPORE (Mar 26): ComfortDelGro Corporation’s long-drawn plan to strike a strategic alliance with Uber Technologies could now be in limbo.

This comes after Grab today put an end to months of speculation and confirmed it will be acquiring Uber’s Southeast Asia operations.

TAGS
DBS Group Research
ComfortDelGro Corporation (CDG)
Uber Technologies
Grab
ride-hailing apps
private hire car service

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