KUALA LUMPUR: Ride-hailing drivers in Malaysia have mixed feeling over Grab’s acquisition of Uber operation in Southeast Asia. Some expressed concerns over reduced income, while others felt most Uber drivers would be happy to switch to Grab. Home grown ride-hailing operator Grab, yesterday, announced it had acquired Uber’s southeast Asia businesses. Following the merger, Uber would emerge with 27.5 per cent shareholding in Grab. Media practitioner Suzy Zarei, who is also a part-time Grab driver, said most Uber drivers are likely to happily shift over to Grab as the business structure is more driver-friendly.

Source: New Strait Times March 27, 2018 09:45 UTC