Singapore's ComfortDelgro in talks with Uber | Bangkok Post: news - News Summed Up

Singapore's ComfortDelgro in talks with Uber | Bangkok Post: news


(Reuters file photo)SINGAPORE -- Singapore's biggest taxi operator, ComfortDelgro Corp Ltd, entered into exclusive talks with Uber Technologies Inc for a potential tie-up, it said on Tuesday, in a move that could help Uber in its fight with dominant ride-hailing firm Grab. The taxi operator said the potential tie-up would also include the company's taxis being made available on Uber's app. ComfortDelgro is the market leader in Singapore with a fleet of 15,000 taxis. Like in other markets, traditional taxi firms in Singapore have been hit by the growth of ride-hailing firms such as Grab and Uber. ComfortDelgro said there was no certainty that the talks would result in any definitive agreement or transaction.


Source: Bangkok Post August 22, 2017 11:26 UTC



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