Grab the announced acquisition of all business in Southeast Asia of Uber.

Uber has announced this morning the official said. To sell the business in Southeast Asia. The major competitors in the Grab, Grab a deal which indicate that the company start-ups in the region, the largest ever.

Details of the deal, Uber will come as a shareholder with 27.5% in the Grab and Dara Khosrowshahi, CEO Uber will sit as a board in Grab by this merger Grab it has all of Uber in the region. is car sharing service Uber Eats Food and service delivery with

Uber’s business in Southeast Asia, which will have to include a Grab in the country. Cambodia, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand and Viet Nam.

The consequences of the deal Uber, making the Grab reduce competitors out of the region. However, Indonesia is also an exception Because there are Go-Jek and Go-Jek plans to penetrate the Philippine market this year

Grab states that are partnered with Uber to prepare for moving the drive Uber and the Uber user region to the platform Grab. including all related services by Uber Eats will serve until the end of May.

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