Wait....Grabcar did what???

[ZF Lee]

I opened my news feeds today, only to find some headlines blaring all about Grabcar buying Uber.

The words 'monopoly' and 'corporate strategy' blew up in my head.

Then I looked further, and found it was just the Southeast Asian Uber that got bought by Grab.

Uber is selling its Southeast Asia business to competitor Grab

Grab Officially Takes Control Of Uber's Southeast Asia Operations

Thoughts? Comments? Ideas?

I'm feeling rather funny on the inside at this news....

 

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[Scot]

I opened my news feeds today, only to find some headlines blaring all about Grabcar buying Uber.

The words 'monopoly' and 'corporate strategy' blew up in my head.

Then I looked further, and found it was just the Southeast Asian Uber that got bought by Grab.

Uber is selling its Southeast Asia business to competitor Grab

Grab Officially Takes Control Of Uber's Southeast Asia Operations

Thoughts? Comments? Ideas?

I'm feeling rather funny on the inside at this news....

Uber sold off its Chinese unit as well. Uber has had a hard time expanding to some countries. So they cut their losses and sell off the business unit.

It makes sense business wise.

 

[ZF Lee]

Uber sold off its Chinese unit as well. Uber has had a hard time expanding to some countries. So they cut their losses and sell off the business unit.

It makes sense business wise.

Yes.

Still, in my country, which happens to be under the geographic region where the acquisition is concerned, I didn't feel that Uber was having the pinch at first.

I used a lot of Uber to pre-book trips, something that Grab didn't really get around to doing so.

I did notice some strange things happening though:
1. Uber in my country suddenly started doing ads. Although any company will get to that stage of marketing, it felt 'unneeded', given that they didn't exactly start and flourish that way.

View: https://www.youtube.com/watch?v=fg9LCwf6tlg


2. Price spikes especially during Chinese New Year became more apparent. The app would just say 'Demand has risen', but even the new amounts felt uncalled for. For instance, a trip from my accomodation to the central station usually cost RM19+, but then I saw a screaming RM50!

Grabcar somehow drew up about half-price for the same distance, so I picked the Grab. I had to risk getting to the station late lol due to heavy traffic.

I guess that ride-sharing might become a price-slashing commodity soon, like bread and butter!

3. On rides on Uber and Grab vehicles, I have been asked by the drivers on 'which is better?'.
I have no idea whether they mean 'which gives the most take-home pay' or 'which one promises more volume of clients'...so I couldn't really give an accurate answer.

But when the drivers themselves start to weight options, the boat might have been beginning to tip on either side.

It would only be a matter of time when the drivers pick a majority stance. Freelance drivers aren't exactly 'loyal' workers.

 

[Consolation]

I opened my news feeds today, only to find some headlines blaring all about Grabcar buying Uber.

The words 'monopoly' and 'corporate strategy' blew up in my head.

Then I looked further, and found it was just the Southeast Asian Uber that got bought by Grab.

Uber is selling its Southeast Asia business to competitor Grab

Grab Officially Takes Control Of Uber's Southeast Asia Operations

Thoughts? Comments? Ideas?

I'm feeling rather funny on the inside at this news....

Remember the protest that they did years back? All the taxi drivers demand this and that...

The power of the marketmind!

Sent from my Z130 using Tapatalk

 

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