Grab CEO Braces for a Fight of Biblical Proportions With Uber
Southeast Asia's biggest car-hailing service braces for the impending showdown with the world's largest privately funded technology company
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It was on a late July flight home to Singapore when Anthony Tan grasped the enormity of news that his biggest ally, Didi Chuxing, was about to buy out arch-rival Uber’s Chinese business.
The stunned Grab co-founder knew better than to celebrate the vanquishing of an enemy. Unfettered by a costly battle for China, the world’s most valuable startup would now pivot to his Southeast Asian backyard. And with Didi and Uber Technologies Inc. taking stakes in each other, it spelled trouble for a global alliance forged to keep the U.S. ride-hailing giant in check.