Singapore consumers eagerly awaiting a price war to erupt between ride-hailing giant Grab and Indonesian rival Go-Jek, which is poised to enter the city next month, should not hold their breath.
Grab plans to take a cautious approach and push to further improve its services, rather than drive up subsidies, as competition with Go-Jek intensifies in its home market and across Southeast Asia, company president Ming Maa said in an interview in Kuala Lumpur earlier this month.
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