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ride-hailing firm

Update news ride-hailing firm

Grab to pour additional $500m into Viet Nam on favourable business conditions
Vietnamnet global

Grab to pour additional $500m into Viet Nam on favourable business conditions

Southeast Asias largest ride-hailing firm, Grab,has announced plans to invest an additional US$500 million in Vietnam over the next five years.

 

Malaysia proposes $20 million fine on Grab for abusive practices
Vietnamnet global

Malaysia proposes $20 million fine on Grab for abusive practices

The Malaysia Competition Commission (MyCC) has proposed a fine of over 86 million ringgit (20.5 million USD) on ride-hailing firm Grab for violating competition law by imposing restrictive clauses on its drivers.