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Uber deal inadequate to turn ComfortDelGro around: Analysts | Singapore Today

Tying up with a sizeable operator like ComfortDelGro also helps Uber counteract its rival Grab’s “grip on the other smaller taxi companies”, said Asst Prof Fan.

In March, five taxi operators — Trans-Cab, SMRT Taxis, Premier Taxis, Prime Taxi and HDT Singapore Taxi — joined hands with Grab to roll out JustGrab, a fixed-fare service subject to dynamic pricing.

For ComfortDelGro, the move could give it more insight into and latitude over how Lion City Rentals runs, including tamping down rental deals that could slow down the movement of taxi drivers to the private-hire car market, said Asst Prof Fan.

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TODAYonline | Uber deal inadequate to turn ComfortDelGro around: Analysts.