Deal

Vietnam Launches Probe Into Grab-Uber Deal In Southeast Asia

3 days ago   |   By Ubergizmo

A couple of months ago Uber announced that they would be selling off their operations in Southeast Asia to their rival Grab. However it seems that it wasn't necessarily a done deal as it was suggested that Grab's acquisition of Uber could be violating competition laws. We've seen regulators in the Philippines launch an investigation , and now it seems that Vietnam is next. In a report from Reuters , Vietnam's Ministry of Industry and Trade said that they will be launching an “in-depth investigation” into Grab's takeover of Uber in Southeast Asia. This is based on an initial probe in which...
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