Uber in Singapore to close in May

He said that the Competition and Consumer Commission of Singapore (CCCS) will have had enough time by then to look into the acquisition and give their final verdict.

The company is working closely with the governments in Singapore, the Philippines, Malaysia and Vietnam regarding its acquisition of Uber. Earlier, the acquisition was met with obstacles from the CCCS due to concerns about having a monopoly.

Russell Cohen once again stressed that Grab remains a technology company and not a transportation service.