Grab-Uber deal sparks price hike fears

Grab and Uber offices at Midview City in Sin Ming Lane. Grab says it hopes the combined operations will create a better experience for both drivers and passengers.
Grab and Uber offices at Midview City in Sin Ming Lane. Grab says it hopes the combined operations will create a better experience for both drivers and passengers.ST PHOTO: ARIFFIN JAMAR

Consumers concerned about fares, while drivers say their earnings may be affected

Consumers and industry watchers are raising concerns that ride-hailing firm Grab's acquisition of rival Uber's South-east Asian business will reduce competition and lead to higher fares.

Ms Zhang Bin Bin, who takes both Grab and Uber rides, is unsure how fares will change now that "competition is minimised".

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A version of this article appeared in the print edition of The Straits Times on March 27, 2018, with the headline 'Grab-Uber deal sparks price hike fears'. Print Edition | Subscribe