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grab receives taxi operator license in singapore for ten years

The Land Transport Authority of Singapore has granted Grab a Street-hail Service Operator Licence, valid for 10 years from April 9. This allows GrabCab, a subsidiary of Grab Rentals, to operate taxis for both street-hail and ride-hail services, making it the sixth taxi company in Singapore. GrabCab has a three-year grace period to expand its fleet to at least 800 taxis.

India's quick commerce boom faces challenges amid rising delivery costs

GoTo has sold Tokopedia to TikTok, while other major e-commerce players like Shopee and Lazada remain in Indonesia. Grab is pursuing a merger with GoTo, which could streamline operations but may face regulatory scrutiny due to potential market monopoly concerns. Retaining the Gojek brand could enhance local appeal amid competition.
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