The company announced Grab logistics and its acquisition of the assets of the company uber in South East Asia, in the deal, the largest of its kind in the region.
The company will Singapore to integrate the operations of uber in Cambodia, Myanmar, Indonesia, Malaysia, Philippines, Thailand, Vietnam, as well as Singapore with its operations, after the company had its main competitor over the past years.
Provide Grab logistics service provider, providing transportation services to Citizens, services, shipping food parcels, as well as e-payment services over the phone through the application GrabPay, as well as the provision of financial services variety.
According to the statement, the uber you will get 27.5% of the shares of the company’s Grab, as will Executive Director of the not House of Europe to the company’s Board of Singapore, as well as to integrate their employees and their drivers to the new company within a specific mechanism.
This is the acquisition and support is second to aweber, where it has already acquired Didi the services of the company in the Chinese market in 2016, as the acquired Yandex for its services in the Russian market last year, and the company received us on the different proportions of shares in the Contractor, through the acquisitions of the three.
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