Grab & Gojek could merge soon

[ToyotaShuttle]

42 minutes ago, Meanmachine said:

Honestly i don't like one big enterprise coy calling the shot, they want a bigger pie and controlling the price, i would prefer competition and pricing among one another, seems that Grab has this idea all along to be one main body competing against all taxi company 9 Blue, red, silver and green colour taxi.

The game plan is over and public perception has less say over surge period, over time Grab will flex their muscle controlling everything thy can hold, don't get me wrong, I still like Grab over the rest, it just that I don't like Main big boys calling the shot, just like one brother NTUC is main recognised Supermarket here, we would prefer supermarket like Hao in Turf City, the layout and products shelving are functional yet loads of branding recognition plus display are visible & competitive pricing.

Never allow one main board calling the shot over , citizens will be controlled juz like G's policy 

But as you mentioned, there's so many taxi companies competing against them. 

So how are they calling the shots?

[Kb27]

Drivers suffer.

First Grab removed most of the incentives (drivers need them more than they need you), on the pretext of COVID.

When business rebound, they don't put back the incentives. Instead they create extra charge for riders. 30 cent for development fee or something.

Both ways they increased their profit.

Drivers go to Gojek bcuz they started giving incentives.

And now, if they merge, drivers incentive will go down the drain. Back in the embrace of Grab, who will squeeze both sides.

Is this not anti-competition, I dunno what is.

[Lala81]

Personally not too bothered either way. If i do need to take a Grab or cab, i usually choose CDG cabs. Seems cheaper to me. 

Though my experience is very infrequent.

Edited December 3, 2020 by Lala81

[Blueray]

4 hours ago, 13177 said:

Now hardly see any promo codes from private hire le, esp Grab. Maybe Gojek still have once in a while.

yeah, not received any Grab promo codes for a long time. Think Grabpay etc is more interesting business to them.

still receiving Gojek promo codes but not like the $5 ones they used to give. 

[inlinesix]

13 minutes ago, Lala81 said:

Personally not too bothered either way. If i do need to take a Grab or cab, i usually choose CDG cabs. Seems cheaper to me. 

Though my experience is very infrequent.

I will compare both Grab & CDG fixed price.  Take whichever that's the cheapest.

[Lala81]

Just now, inlinesix said:

I will compare both Grab & CDG fixed price.  Take whichever that's the cheapest.

at least in my experience, almost always CDG wins. Grab at best tie only. 
I haven't taken Grab in quite a while.

 

[inlinesix]

1 minute ago, Lala81 said:

at least in my experience, almost always CDG wins. Grab at best tie only. 
I haven't taken Grab in quite a while.

It is the same experience here.

 

[boonhat_91]

6 hours ago, inlinesix said:

This merger requires the approval of CCS.  It is unlikely CCS will approve it.

 

Actually what happens if CCS blocks the merger? 

If both entities continue to operate individually, is it possible that Gojek voluntarily exits Singapore due to unable to sustainably compete against Grab? Then Grab still becomes the dominant player, though perhaps later instead of sooner.

[ToyotaShuttle]

6 minutes ago, boonhat_91 said:

Actually what happens if CCS blocks the merger? 

If both entities continue to operate individually, is it possible that Gojek voluntarily exits Singapore due to unable to sustainably compete against Grab? Then Grab still becomes the dominant player, though perhaps later instead of sooner.

Maybe gojek will split out the SG company as a separate entity and then merge the rest with grab?

Then gojek SG will go bankrupt and all the SG employees will become jobless 

[Yewheng]

33 minutes ago, ToyotaShuttle said:

Maybe gojek will split out the SG company as a separate entity and then merge the rest with grab?

Then gojek SG will go bankrupt and all the SG employees will become jobless 

 

3 hours ago, Kb27 said:

Drivers suffer.

First Grab removed most of the incentives (drivers need them more than they need you), on the pretext of COVID.

When business rebound, they don't put back the incentives. Instead they create extra charge for riders. 30 cent for development fee or something.

Both ways they increased their profit.

Drivers go to Gojek bcuz they started giving incentives.

And now, if they merge, drivers incentive will go down the drain. Back in the embrace of Grab, who will squeeze both sides.

Is this not anti-competition, I dunno what is.

Actually that's precisely how grab can survive. If not grab keep on unprofitable and then southbank decide not to continue pour money how? Later grab and gojek go bankrupt more people and drivers will get affected. 

[Yewheng]

6 hours ago, ToyotaShuttle said:

But as you mentioned, there's so many taxi companies competing against them. 

So how are they calling the shots?

Plus now taxi drivers can drive both private hire and street hire.. Same goes to grab/gojek/tada/Ryde if they want to also go to street hire platform too. So there is still competition. 

 

From what I see after the merger. There is still competition as there is still comfortdelgo taxi. 

[ToyotaShuttle]

3 hours ago, Kb27 said:

Drivers suffer.

First Grab removed most of the incentives (drivers need them more than they need you), on the pretext of COVID.

When business rebound, they don't put back the incentives. Instead they create extra charge for riders. 30 cent for development fee or something.

Both ways they increased their profit.

Drivers go to Gojek bcuz they started giving incentives.

And now, if they merge, drivers incentive will go down the drain. Back in the embrace of Grab, who will squeeze both sides.

Is this not anti-competition, I dunno what is.

Increase their profits? Are you sure Grab is profitable? Reduce incentives is to reduce losses - you mean drivers and passengers can expect Grab and Gojek to make losses forever without being answerable to investors?

[inlinesix]

1 hour ago, boonhat_91 said:

Actually what happens if CCS blocks the merger? 

If both entities continue to operate individually, is it possible that Gojek voluntarily exits Singapore due to unable to sustainably compete against Grab? Then Grab still becomes the dominant player, though perhaps later instead of sooner.

Confirm CCS will block.

Just like Uber, Gojek can fold up.

SoftBank likely instigates this merger.

[Voodooman]

1 hour ago, boonhat_91 said:

Actually what happens if CCS blocks the merger? 

If both entities continue to operate individually, is it possible that Gojek voluntarily exits Singapore due to unable to sustainably compete against Grab? Then Grab still becomes the dominant player, though perhaps later instead of sooner.

Can we have Lyft in SG? I used their apps in the states and it is pretty good. 

Ultimately, the question to ask is, will the merger provide grab with excessive market power?

[Yewheng]

1 hour ago, inlinesix said:

Confirm CCS will block.

Just like Uber, Gojek can fold up.

SoftBank likely instigates this merger.

https://mothership.sg/2020/12/spore-competition-watchdog-looking-into-possible-merger-between-grab-gojek/

 

I believe grab and gojek are already prepared for it, if not there will not be leak about merger. The only thing is how prepared are them to be able to convince ccs to allow them to proceed with the merger. Most likely grab do not want to go through the merger route, but because softbank keep insist and if don't merge, southbank will pull out from putting money into grab. So grab in very tight spot. I also believe that grab to want to go IPO after merge is also the very reason that grab also had enough of being in mercy under softbank so want to break away from that. 

Edited December 3, 2020 by Yewheng

[Meanmachine]

9 hours ago, ToyotaShuttle said:

But as you mentioned, there's so many taxi companies competing against them. 

So how are they calling the shots?

    Easy, Grab will have the final say with LTA ( decision maker ) and would stop to engage with Taxi's bosses separately. This way Grab will be considered the chief of Grab hailing fleet car in Singapore, I'm not talking about the other Asean countries  . . . it will give Grab the extra mileage to leverage inwards, in times to come as i see fit, most taxi-bosses are brining in electric cars and Hybrid car to upgrade their current old fleet to compete with Grab / Gojek and I have reason/s to believe that Grab were the one who were asked by LTA to serve Grab drivers NOT to have older COE cars to be used as Grab, since it will be more than 10 years old thus seems unworthy due to safety hazard. . . . in doing so, this is only my assumption Grab hierarchy are complying with LTA's requirement.

  Appreciate your insights . . . 

[13177]

7 hours ago, Lala81 said:

Personally not too bothered either way. If i do need to take a Grab or cab, i usually choose CDG cabs. Seems cheaper to me. 

Though my experience is very infrequent.

CDG cabs means those i40 cab? Currently it is $3.70 the cheapest flag down fare?

[13177]

7 hours ago, Blueray said:

yeah, not received any Grab promo codes for a long time. Think Grabpay etc is more interesting business to them.

still receiving Gojek promo codes but not like the $5 ones they used to give. 

Even Gojek has promo codes, they always have restriction, and i find most of the time Gojek fare is higher than Grab.