Grab acquires Singapore’s third-largest taxi operator Trans-cabÂ
TechCrunch: M&A
JULY 21, 2023
” Founded in 2003, Trans-cab started with a fleet of 50 taxis and tried to go public twice. The deal, Grab’s first local competitor acquisition, is expected to close in the fourth quarter of 2023 and includes “Trans-cab’s taxi and car rental business, maintenance workshops and fuel pump operations.”
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