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Uber owns ~20 to ~30 percent of Grab, JFYI. They specifically exited the Uber brand from Singapore, and pushed Grab.
by pquerna 7y ago
Uber owns ~20 to ~30 percent of Grab, JFYI. They specifically exited the Uber brand from Singapore, and pushed Grab.
- latchkey 7y agoSame in Vietnam.
- jfoster 7y agoIt was a South East Asia deal. Without China (sold to Didi) and SEA, there's not too much of Asia where Uber still exists. In Japan they do. No UberX there, but Uber Eats look like they might be doing okay there. They are (including UberX) still in Taiwan.
- kerng 7y agoI used Uber in Hong Kong.
- jfoster 7y agoAhh yep, they're still in HK as well. South Korea too.
- philliphaydon 7y agoNeither HK or Korea are part of SEA.
- kerng 7y agoCorrect, although the context on why that is relevant is missing? The post was in response to: >> there's not too much of Asia where Uber still exists
- philliphaydon 7y agoThe context is that the deal was for SEA. The deal didn’t include he rest of Asia. I was stating that it exists in HK, Korea, Taiwan, Japan, because these countries are not part of SEA.
- djpr 7y agoHong Kong isn't part of SEA.
- kerng 7y agoCorrect, although the context on why that is relevant is missing? The post was in response to: >> there's not too much of Asia where Uber still exists
- philliphaydon 7y agoGrab bought Uber. Because no one used Uber. The only people who really used Uber in Asia were tourists. As part of the deal Uber got a 27.5% stake in Grab. Grab has always been a better experience than Uber too. Uber was expensive.
- prebrov 7y ago“Always been a better experience” is just a personal experience. Uber launched in SG before Grab did. Many drivers preferred Uber - they’re payout schedule and incentive structure was more favourable. Many riders, both locals and expats, including myself, preferred Uber. Grab undercutting Uber’s pricing was a tactic, just like GoJek is trying to chew off a market share by underpricing Grab today.
- philliphaydon 7y agoI obviously can’t speak for drivers but I have spoken to 2 who both said they preferred grab over Uber because they picked up many more customers. I never used Uber because it was never cheaper than booking a taxi over the phone. Grab did a lot more than Uber for their app too. Pretty much from day 1 you could type a taxi stand number in and it would pin the exact location. Uber couldn’t even come close to figuring out where I was standing. So personal booking and usage experience was far better than Uber for sure.
- JCharante 7y agoAs a VN Grab user I love how superior the UX is for Grab than Uber. The subscription packages are great, GrabFood is great, the translation features, rewards system, mobile top up, etc... I don't look forward to returning to the US because I'll have to use Uber and Lyft which are behind Grab by miles.
- foo101 7y agoNot a Singaporean. But I have traveled extensively in Malaysia and Singapore and I can attest to the better experience of Grab. The Grab experience (availability, pickup time, price, etc.) was so much better that I never even thought of installing the Uber app in my subsequent visit to these two countries.