#449 - Will Grab, Trans-cab Merger Lessen Competition? & Foodpanda CEO Replaced After Allegedly Leaking Confidential Information of Grab Sale
This past week, Singapore’s competition watchdog pumped the brakes on the Grab-Trans-cab merger, voicing concerns over how Trans-cab taxi drivers’ usage of other ride-hailing platforms would be affected. Would this merger really lessen competition in the industry? Elsewhere, the Foodpanda CEO was shown the door after allegations of leaking confidential information on a potential sale of the company to Grab. We go through the unfortunate sequence of events and Whatsapp messages between him and his partner that led to his release.
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