Grab Holdings Limited will be acquiring Trans-Cab, Singapore's third largest taxi operator, via its private-hire car rental arm, Grab Rentals Pte Ltd. GrabSG
Trans-cab's general manager Jasmine Tan said, "Consumer behaviours have shifted and we've recognised for some time the need to digitise the business and ensure our taxi drivers can continue to be competitive. We are confident this deal protects their future. Grab’s industry-leading tech will help our taxi drivers drive more productively and safely while serving their passengers better."said, "We see this as a strategic match with win-win-win outcomes for all.
Trans-cab drivers who join the Grab platform will also receive benefits offered to all Grab driver-partners.
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