HOLY CRAP: ComfortDelGro to buy 51% of Uber's car rental business in SG!!!

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HOLY CRAP: ComfortDelGro to buy 51% of Uber's car rental business in SG!!!

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08-12-2017, 07:40 PM

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HOLY CRAP: ComfortDelGro to buy 51% of Uber's car rental business in SG!!!

An honorable member of the Coffee Shop Has Just Posted the Following:

SINGAPORE — Announcing its single largest deal to date, Singapore's largest taxi operator ComfortDelGro said on Friday (Dec 8) that it will pay S$642 million to acquire 51 per cent of Uber's car-rental business in the Republic.

The deal, which is subject to regulatory approval, will "create a path" for ComfortDelGro's cabbies to take on bookings via Uber's app.

Ms Tammy Tan, ComfortDelGro's group corporate communications officer, said this would happen "soon", but did not specify a start...

HOLY CRAP: ComfortDelGro to buy 51% of Uber's car rental business in SG!!!

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