Grab's deal to buy Singaporean taxi firm might lessen competition, regulator says-February 2024-www.financetom.com

Grab's deal to buy Singaporean taxi firm might lessen competition, regulator says

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Grab's deal to buy Singaporean taxi firm might lessen competition, regulator says

Jul 11, 2024 2:47 AM

July 11 (Reuters) - Nasdaq-listed ride hailing company

Grab's deal to buy Singapore's private taxi firm

Trans-cab Holdings is likely to result in substantial lessening

of competition in the local market, the city-state's competition

watchdog said on Thursday.

(Reporting by Shivangi Lahiri in Bengaluru; Editing by Mrigank

Dhaniwala)

Previous page： Tesla quarterly deliveries decline for the first time in nearly four years Next page： What's Going On With Sutro Biopharma (STRO) Stock?

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.

Show More Comments

Related Articles >

Tesla quarterly deliveries decline for the first time in nearly four years

Apr 2, 2024

(Reuters) - Tesla on Tuesday posted a decline in quarterly deliveries for the first time in nearly four years and missed Wall Street estimates, a performance some described as ugly as price cuts failed to stir demand in a highly competitive market. Shares of the Elon Musk-led company were down 5.3% at $165.98 at midday on Tuesday, losing about $30...

What's Going On With Sutro Biopharma (STRO) Stock?

Apr 2, 2024

Sutro Biopharma Inc ( STRO ) shares are trading lower by 2.8% to $5.18 during Tuesday’s session after the company announced the pricing of an underwritten offering of 14,478,764 shares of its common stock at $5.18 per share, aiming to raise approximately $75 million. The offering, expected to close around April 4, involves all shares being offered by Sutro and...

Why VivoPower International Stock (VVPR) Is Up Over 300%

Apr 2, 2024

VivoPower International PLC ( VVPR ) shares are trading higher by 323% to $6.18 during Tuesday’s session after the company’s Tembo subsidiary announced it will merge with the Nasdaq-listed Cactus Acquisition Corp. 1 Limited. VivoPower ( VVPR ) says the agreement entails exclusive negotiations for a business combination to merge with CCTS, with Tembo surviving the merger and changing its...

Some doses of Lilly's Mounjaro in tight supply through April, US FDA says

Apr 2, 2024

(Reuters) - Four doses of Eli Lilly's ( LLY ) diabetes drug Mounjaro would remain in tight supply through 2024 due to soaring demand, the U.S. Food and Drug Administration's website showed. The regulator noted limited availability of 7.5, 10, 12.5, and 15 milligram doses through April, while lower doses were listed as available. The FDA had previously said that...