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Who is the founder of Grab taxi app?
GRAB (or GrabTaxi as it was known then) is a mobile app that utilizes smartphone cloud-based technology to provide ride-hailing and logistics services. The concept was envisioned by Anthony Tan, a great grandson of an average taxi driver in Malaysia.
Where is Grab service available in the world?
Grab is an online transportation network and technology company with the goal to make transportation accessible to everyone. Grab is available across six countries in Singapore, Malaysia, Indonesia, Thailand, Vietnam and Philippines.
How big is grab market share in Philippines?
This effectively puts Grab with a 93% market share in ride-hailing according to a statement by the Philippine Competition Commission (PCC), adding that only 7% of the market share will be captured by new TNCs entering the market. The resulting transaction has also led to the notion of Grab exhibiting monopolistic practices.
How is grab different from other taxi companies?
Grab (which will henceforth be called as such in subsequent mentions) as a brand will cover all its services: taxis (GrabTaxi), private car services (GrabCar), carpooling (GrabShare), and package delivery (GrabExpress). Unlike other taxi operators, Grab does not need to own and operate its own taxi fleet.
Last Update: Oct 2021
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