STORY OF THE DAY • Jan 04, 2019 • 6 min read
Taxi or technology? Ride-hailing firm Grab in hot water in Vietnam
By
Robin Spiess
• Jan 04, 2019
In late December, a Vietnam court ordered the Singapore-based firm to pay a local cab company just over $200,000 for losses incurred due to competition. The decision hinged on whether Grab should be considered a taxi company, or, as it generally is, a technology company. The court ruled in favour of the local firm. Now, Grab's country head has hit back, calling the ruling "extremely unfortunate"


