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Grab eyes Prime’s taxi, private-hire businesses

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Fleet of Prime Taxi parked at Prime Motor & Leasing located at 5 Benoi Place.

Prime Taxi is the smallest cab operator in Singapore, but has the highest proportion of limousine and hybrid vehicles.

PHOTO: ST FILE

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SINGAPORE – United States-listed ride-hailing giant Grab is looking to buy over Prime Taxi in a move reminiscent of a

similar attempt to buy SMRT’s taxi business in 2017.

The Straits Times understands that Grab has already made an offer, but the deal is not yet sealed.

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