Used Grab and Uber helmets are seen at used-helmet shop in Jakarta, Indonesia, April 2, 2018. REUTERS/Beawiharta
MANILA: The Philippines' antitrust agency on April 3 started a review of Uber Technologies Inc's proposed sale of its money-losing South-East Asian business to ride-hailing rival Grab, saying the deal could hurt competition.
Uber and Grab announced the deal a week ago, marking the US company's second retreat from an Asian market. It earlier sold off its operations in China.
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