Editor, Writer, Researcher
Actual taxi and private-hire vehicle bookings by the app may be even fewer, if Grab customers make much use of the extra services like food delivery, payments, insurance and videos that Grab has added to its hailing services in its quest to interest South-East Asians in a super app.
What's more, Tan has taken Singaporean citizenship, according to a Grab filing with the Singapore government last year ... Grab's holding company lost $82.8 million in 2016, more than triple its losses in 2015, ... Grab faces strikes and protests by drivers, lawsuits in Vietnam and Myanmar, and governments still debating how best to license and tax ride-hailing companies.
GrabTaxi may have won the first rounds. At the end of 2014 Easy Taxi pulled out of Indonesia and was laying off staff in Malaysia, while GrabTaxi Holdings had raised almost $340 million in venture capital and loans; Japan’s SoftBank is its biggest investor.
Susan J Cunningham 