Grab acquires Singapore’s third-largest taxi operator Trans-cab
TechCrunch: M&A
JULY 21, 2023
Singapore’s ride-hailing and food delivery company Grab has signed an agreement for its car rental unit Grab Rentals to acquire Trans-cab , the city-state’s third-largest taxi operator. ” Founded in 2003, Trans-cab started with a fleet of 50 taxis and tried to go public twice.
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