On March 26 we learned that Uber was selling its Southeast Asia business to Grab and shutting down operations in Singapore, Thailand, Malaysia, Cambodia, Indonesia, Myanmar, Philippines, and Vietnam in two weeks.
Singapore’s competition regulators stepped in to halt the sale.
- Uber will continue to be available in Singapore through May 7
- Grab cannot force drivers into an exclusivity arrangement, so they can drive for another platform too
- Drivers renting their cars can’t be penalized either if they use those cars on another platform
- Grab cannot be the only service with an exclusivity deal with a taxi company, if no other ridesharing service has one Grab has to drop theirs
- Grab cannot inherit Uber trip data. “Grab may however receive personal data of drivers, riders and merchants (eg, names, contact details, and supporting documents for vocation licence applications) who have expressly opted in and moved to the Grab platform.”
- Grab cannot raise prices, lower driver pay, or drop ride options.
These limitations of course only apply to the Singapore market.
(HT: Devid H.)