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The ramifications for Grab and Uber as regulators investigate merger

Retrieved on: 2018-04-30 17:45:00

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<div>Uber's CEO <b>Dara Khosrowshahi</b> will take a position on Grab's board. Both parties should benefit. Uber wants to leave markets in which it was struggling to compete and make money. It will be able to focus on other areas including India. It can strengthen its position ahead of an anticipated IPO in 2019.</div>

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