financetom
Business
financetom
/
Business
/
Grab Holdings Facing Probe From Philippines Regulator Over Alleged 'Robbery, Sexual Assault' Incident
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Grab Holdings Facing Probe From Philippines Regulator Over Alleged 'Robbery, Sexual Assault' Incident
Sep 12, 2024 4:43 AM

07:07 AM EDT, 09/12/2024 (MT Newswires) -- Grab Holdings ( GRAB ) is facing a probe from the Philippines' Land Transportation Franchising and Regulatory Board into an alleged "robbery and sexual assault" incident involving a Vietnamese national who booked a car ride, the regulator said Wednesday in a Facebook post.

The ride-hailing firm has been given five days to respond to the matter, the regulator said.

Grab may face suspension of its app for at least 30 days if they are found responsible for the incident, the regulator added.

Grab did not immediately respond to MT Newswires' request for comment.

Price: 3.4900, Change: +0.04, Percent Change: +1.16

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Rumble Launching New Brand Partnerships -- Shares Rise Pre-Bell
Rumble Launching New Brand Partnerships -- Shares Rise Pre-Bell
Jul 15, 2024
09:26 AM EDT, 07/15/2024 (MT Newswires) -- Rumble said Monday it is launching three new brand partnerships for exclusive pet, male health, and wellness products. Consumers will be able to buy the three products -- Pawsitive, Be Naked, and 5G Free -- in online stores, Rumble said. Financial details were not disclosed. Rumble shares were rising past 11% in recent...
American Vanguard CEO Eric G. Wintemute Steps Down; Timothy Donnelly to Serve as Acting CEO
American Vanguard CEO Eric G. Wintemute Steps Down; Timothy Donnelly to Serve as Acting CEO
Jul 15, 2024
09:16 AM EDT, 07/15/2024 (MT Newswires) -- American Vanguard ( AVD ) said Monday that Eric G. Wintemute has stepped down as chief executive officer but will remain chairman of the board. American Vanguard ( AVD ) said it has also established an Office of CEO, OCEO, which will include chief financial officer David Johnson, senior vice president of human...
Sector Update: Consumer Stocks Steady Pre-Bell Monday
Sector Update: Consumer Stocks Steady Pre-Bell Monday
Jul 15, 2024
09:13 AM EDT, 07/15/2024 (MT Newswires) -- Consumer stocks were steady pre-bell Monday, with The Consumer Staples Select Sector SPDR Fund ( XLP ) and The Consumer Discretionary Select Sector SPDR Fund ( XLY ) unchanged. Lululemon Athletica ( LULU ) is facing a class action lawsuit filed Friday that alleges the company portrays itself as environmentally friendly when, in...
Integra LifeSciences to Shift PriMatrix, SurgiMend Production to New Braintree, Massachusetts Facility by 2026
Integra LifeSciences to Shift PriMatrix, SurgiMend Production to New Braintree, Massachusetts Facility by 2026
Jul 15, 2024
09:20 AM EDT, 07/15/2024 (MT Newswires) -- Integra LifeSciences Holdings ( IART ) said Monday it plans to restart production of its PriMatrix and SurgiMend wound-care products at its new manufacturing site in Braintree, Massachusetts. The medical technology company said the facility will open in the first half of next year. Integra said it will consolidate production in Braintree site...
Copyright 2023-2026 - www.financetom.com All Rights Reserved