{"id":4306,"date":"2023-08-01T00:00:46","date_gmt":"2023-07-31T16:00:46","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=4306"},"modified":"2023-08-01T00:00:47","modified_gmt":"2023-07-31T16:00:47","slug":"daily-markup-798-grab-acquires-singapores-3rd-largest-taxi-operator-with-over-2500-cars-to-increase-the-speed-you-get-a-ride","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=4306","title":{"rendered":"Daily Markup #798: Grab acquires Singapore\u2019s 3rd largest taxi operator with over 2,500 cars to increase the speed you get a ride"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/cRgbZ6jSdf4wZAZTR9UJHYP2fjAKNBGC1jWVHffjYvx7wGmkgPDkRdOGChVOfSWQ3PWTq00zq5jL6yJNhtbX-4KIWcVDyy_DIqh8KXU2Cwgsqw2oIOzQcLltyaGbEGfaTInehR4ErMFCOx4LPbdS4X8\" alt=\"\" \/><figcaption class=\"wp-element-caption\">Credit: <a href=\"https:\/\/bit.ly\/3DBZRMu\">Straits Times<\/a><\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Grab gets more cabs<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>To keep up with demand for private rides in Singapore, 500-backed superapp <a href=\"http:\/\/grab.com\/sg\">Grab<\/a> recently <a href=\"https:\/\/bit.ly\/3DBZRMu\">announced the acquisition of TransCab, Singapore\u2019s 3rd largest taxi company<\/a>, which has a fleet of over 2,200 taxis and 300 private-hire vehicles.<\/li>\n\n\n\n<li>This will come under the Grab Rentals unit, and represents Grab\u2019s first local taxi company acquisition.<\/li>\n\n\n\n<li>TransCab was formed in 2000 under a Singapore government initiative to liberalize the transport industry, and within 10 years had overtaken government-backed SMRT Taxis.<\/li>\n\n\n\n<li>What\u2019s next? Grab plans to create an integrated app within the mobile display units in TransCab taxis to enable drivers \u201cto manage their earnings and receive bookings from the Grab platform as well as Trans-Cab\u2019s existing call center\u201d.&nbsp;<\/li>\n\n\n\n<li>Grab is also exploring the installation of large screen displays in TransCab cars to integrate navigation, street-hailing, and its job queue all in one interface.<\/li>\n\n\n\n<li>The move was supported by the National Taxi Association as well, with its adviser Yeo Wan Ling calling it \u201ca significant development in the point-to-point transport industry\u201d.<\/li>\n\n\n\n<li>Read the full story on <a href=\"https:\/\/bit.ly\/3DBZRMu\">Straits Times<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Grab gets more cabs<\/p>\n","protected":false},"author":5,"featured_media":4307,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[143],"class_list":["post-4306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-grab"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - 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