<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/07/81582284_l_normal_none-scaled.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="2560" height="1704" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/07/81582284_l_normal_none-scaled.jpg"/></p>
<p>在新加坡搭车市场发生重大变化，东南亚领先的搭车和外卖公司 Grab 将不再收购新加坡最大的私人运营商 Trans-Cab。</p>
<p>这一决定是纳斯达克上市的 Grab 为加强其市场地位所做的一年努力的结束。</p>
<p>这笔交易的终止源于新加坡竞争与消费者委员会（CCCS）两周前发布的临时裁决，该裁决指出这一合并可能导致竞争显著减少，违反了《竞争法》第 54 条。该条款禁止可能导致反竞争的合并。</p>
<h2>CCCS 做出了什么裁决？</h2>
<p>7 月 25 日，CCCS 宣布随着拟议收购的终止，Grab 和 Trans-Cab 已撤回了他们关于合并的申请。因此，CCCS 也停止了对这项拟议交易的评估。</p>
<p>CCCS 于 7 月 11 日发布的临时决定得出结论，即 Grab 收购 Trans-Cab 可能会加强其主导市场地位，对司机和乘客单位造成损害。这一结论是在今年 1 月启动的深入审查后得出的。</p>
<p>委员会警告称，这一收购可能会显著削弱竞争对手的搭车平台，可能导致乘客和司机的价格上涨。</p>
<p>CCCS 指出，这笔交易将使其他平台失去重要的司机来源，加剧行业现有的司机短缺问题。这种短缺将阻碍竞争对手履行行程请求的能力，使它们随着时间的推移对乘客和司机变得不那么有吸引力。</p>
<h2>这项拟议交易包括什么？</h2>
<p>《海峡时报》报道称，这笔交易价值新币 1 亿新币（75.62 万美元）。</p>
<p>这项由 GrabRentals 领导的提议收购包括约 2000 辆出租车，超过 300 辆私家车，以及 Trans-Cab 的车辆维修厂和加油站业务。</p>
<p>Grab 新加坡总经理 Yee Wee Tang 去年在一份声明中表示，平台上增加更多司机将意味着用户能够更快、更可靠地搭车。</p>
<p>他表示，自疫情爆发以来，新加坡面临着 “整个行业的司机供应紧缺”，这导致平台上的价格上涨。增加司机数量将 “使乘客在高峰时段获得更可靠的分配”，而 Trans-Cab 的维修设施可以改善运营并降低成本。</p>
<p>最初预计在 2023 年第四季度完成，但这笔交易在 2023 年 10 月遇到监管挑战，因为 CCCS 在初步审查后对其潜在的反竞争影响表示担忧。</p>
<p>尽管 Grab 承诺解决这些问题，但监管机构的第二次更详细审查仍然认为这一收购可能扼杀竞争。</p>
<p>行业分析师表示，即使这笔交易继续进行，由于 Trans-Cab 车队价值和车辆证书价格可能发生变化，Grab 可能会寻求重新评估其最初的报价，估计超过 1 亿美元。</p>
<h2>新加坡搭车市场中不是第一次失败的合并尝试</h2>
<p>Grab 未能收购 Trans-Cab，让人想起 2017 年 ComfortDelGro 和 Uber 之间提议的合并。</p>
<p>ComfortDelGro 试图以 6.42 亿美元购买 Uber 的租车单位 Lion City Holdings 51% 的股份，但由于反垄断问题，该交易被 CCCS 审查停止。</p>
<p>Uber 最终退出东南亚，将其业务出售给 Grab，这导致两家公司因反竞争行为面临巨额罚款。</p>
<p>根据 Statista 的数据，新加坡的搭车市场今年将达到 9.3 亿美元的收入，并由 Grab 主导。</p>
<p>这篇文章最初发表在 Invezz 上，讲述了 Grab 在反垄断担忧下放弃收购 Trans-Cab 对新加坡搭车市场意味着什么。</p>

GRAB

<p>Grab，东南亚领先的网约车和外卖服务公司，因反垄断担忧而放弃收购新加坡最大的私人出租车运营商 Trans-Cab。这项价值 1 亿新加坡元的提议交易面临新加坡竞争与消费者委员会（CCCS）的监管挑战，并被认为可能减少竞争并损害司机和乘客利益。这一决定标志着新加坡网约车市场的重大转变</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/07/81582284_l_normal_none-scaled.jpg" alt="" original-src="https://invezz.com/wp-content/uploads/2024/07/81582284_l_normal_none-scaled.jpg"/></p>
<p>In a major shift for Singapore’s ride-hailing market, Grab, Southeast Asia’s leading ride-hailing and food delivery company, will no longer acquire Trans-Cab, Singapore’s largest private taxi operator.</p>
<div class="lb-trans"><p>在新加坡搭车市场发生重大变化，东南亚领先的搭车和外卖公司 Grab 将不再收购新加坡最大的私人运营商 Trans-Cab。</p>
</div><p>The decision, conveyed to the Competition and Consumer Commission of Singapore (CCCS), concludes a year-long effort by the Nasdaq-listed Grab to strengthen its market position.</p>
<div class="lb-trans"><p>这一决定是纳斯达克上市的 Grab 为加强其市场地位所做的一年努力的结束。</p>
</div><p>The deal’s termination follows a provisional ruling from the CCCS two weeks prior, which indicated that the merger would likely cause a significant reduction in competition, violating Section 54 of the Competition Act. This section prohibits mergers that can lead to anti-competitive outcomes.</p>
<div class="lb-trans"><p>这笔交易的终止源于新加坡竞争与消费者委员会（CCCS）两周前发布的临时裁决，该裁决指出这一合并可能导致竞争显著减少，违反了《竞争法》第 54 条。该条款禁止可能导致反竞争的合并。</p>
</div><h2>What was the CCCS verdict?</h2>
<div class="lb-trans"><h2>CCCS 做出了什么裁决？</h2>
</div><p>On July 25, CCCS announced that with the termination of the proposed acquisition, both Grab and Trans-Cab have withdrawn their application for a decision on the merger. Consequently, CCCS has also ceased its assessment of the proposed deal.</p>
<div class="lb-trans"><p>7 月 25 日，CCCS 宣布随着拟议收购的终止，Grab 和 Trans-Cab 已撤回了他们关于合并的申请。因此，CCCS 也停止了对这项拟议交易的评估。</p>
</div><p>The watchdog’s provisional decision on July 11 had concluded that Grab’s takeover of Trans-Cab would likely entrench its dominant market position to the detriment of drivers and passengers. This conclusion was reached after an in-depth review initiated in January.</p>
<div class="lb-trans"><p>CCCS 于 7 月 11 日发布的临时决定得出结论，即 Grab 收购 Trans-Cab 可能会加强其主导市场地位，对司机和乘客单位造成损害。这一结论是在今年 1 月启动的深入审查后得出的。</p>
</div><p>The commission warned that the acquisition could significantly weaken rival ride-hailing platforms, potentially leading to higher prices for passengers and drivers.</p>
<div class="lb-trans"><p>委员会警告称，这一收购可能会显著削弱竞争对手的搭车平台，可能导致乘客和司机的价格上涨。</p>
</div><p>CCCS noted that the deal would have deprived other platforms of a crucial source of drivers, exacerbating the industry’s existing driver shortage. This shortage would hinder rival platforms’ ability to fulfill trip requests, making them less attractive to both passengers and drivers over time.</p>
<div class="lb-trans"><p>CCCS 指出，这笔交易将使其他平台失去重要的司机来源，加剧行业现有的司机短缺问题。这种短缺将阻碍竞争对手履行行程请求的能力，使它们随着时间的推移对乘客和司机变得不那么有吸引力。</p>
</div><h2>What did the proposed deal entail?</h2>
<div class="lb-trans"><h2>这项拟议交易包括什么？</h2>
</div><p>The Strait Times had reported that the deal was valued at S$100 million ($75.62).</p>
<div class="lb-trans"><p>《海峡时报》报道称，这笔交易价值新币 1 亿新币（75.62 万美元）。</p>
</div><p>The proposed buyout, spearheaded by GrabRentals, Grab’s car-rental arm, included around 2,000 taxis, over 300 private-hire vehicles, and Trans-Cab’s vehicle workshop and fuel-pump operations.</p>
<div class="lb-trans"><p>这项由 GrabRentals 领导的提议收购包括约 2000 辆出租车，超过 300 辆私家车，以及 Trans-Cab 的车辆维修厂和加油站业务。</p>
</div><p>In a statement last year, Yee Wee Tang, Grab Singapore’s managing director had said that adding that more drivers on the platform would mean quicker and more reliable rides for its users.</p>
<div class="lb-trans"><p>Grab 新加坡总经理 Yee Wee Tang 去年在一份声明中表示，平台上增加更多司机将意味着用户能够更快、更可靠地搭车。</p>
</div><p>He had said that Singapore had “faced an industry-wide driver supply crunch” since the pandemic, which had resulted in higher prices on its platform. The boost to its number of drivers would “benefit passengers with more reliable allocation, especially during peak hours”, and Trans-cab’s maintenance facilities could allow for improved operations and reduced costs.</p>
<div class="lb-trans"><p>他表示，自疫情爆发以来，新加坡面临着 “整个行业的司机供应紧缺”，这导致平台上的价格上涨。增加司机数量将 “使乘客在高峰时段获得更可靠的分配”，而 Trans-Cab 的维修设施可以改善运营并降低成本。</p>
</div><p>Initially expected to close by the fourth quarter of 2023, the deal encountered regulatory challenges in October 2023 when CCCS raised concerns about its potential anti-competitive effects following a preliminary review.</p>
<div class="lb-trans"><p>最初预计在 2023 年第四季度完成，但这笔交易在 2023 年 10 月遇到监管挑战，因为 CCCS 在初步审查后对其潜在的反竞争影响表示担忧。</p>
</div><p>Despite commitments from Grab to address these concerns, the watchdog’s second, more detailed review maintained that the acquisition could stifle competition.</p>
<div class="lb-trans"><p>尽管 Grab 承诺解决这些问题，但监管机构的第二次更详细审查仍然认为这一收购可能扼杀竞争。</p>
</div><p>Industry analysts suggested that even if the deal had proceeded, Grab might have sought to revalue its initial offer, estimated at over $100 million, due to potential changes in Trans-Cab’s fleet value and vehicle certificate prices.</p>
<div class="lb-trans"><p>行业分析师表示，即使这笔交易继续进行，由于 Trans-Cab 车队价值和车辆证书价格可能发生变化，Grab 可能会寻求重新评估其最初的报价，估计超过 1 亿美元。</p>
</div><h2>Not the first failed consolidation bid in Singapore’s ride-hailing market</h2>
<div class="lb-trans"><h2>新加坡搭车市场中不是第一次失败的合并尝试</h2>
</div><p>Grab’s unsuccessful bid to acquire Trans-Cab is reminiscent of the 2017 proposed merger between ComfortDelGro and Uber.</p>
<div class="lb-trans"><p>Grab 未能收购 Trans-Cab，让人想起 2017 年 ComfortDelGro 和 Uber 之间提议的合并。</p>
</div><p>ComfortDelGro’s attempt to purchase a 51% stake in Uber’s car rental unit, Lion City Holdings, for $642 million, was halted by a CCCS review due to antitrust concerns.</p>
<div class="lb-trans"><p>ComfortDelGro 试图以 6.42 亿美元购买 Uber 的租车单位 Lion City Holdings 51% 的股份，但由于反垄断问题，该交易被 CCCS 审查停止。</p>
</div><p>Uber eventually exited Southeast Asia, selling its operations to Grab, which led to both companies facing substantial fines for anti-competitive practices.</p>
<div class="lb-trans"><p>Uber 最终退出东南亚，将其业务出售给 Grab，这导致两家公司因反竞争行为面临巨额罚款。</p>
</div><p>According to Statista, the ride-hailing market in Singapore will reach a revenue of US$0.93bn this year and is dominated by Grab.</p>
<div class="lb-trans"><p>根据 Statista 的数据，新加坡的搭车市场今年将达到 9.3 亿美元的收入，并由 Grab 主导。</p>
</div><p>The post Grab abandons Trans-Cab acquisition amid antitrust concerns: What it means for Singapore's ride-hailing market appeared first on Invezz</p>
<div class="lb-trans"><p>这篇文章最初发表在 Invezz 上，讲述了 Grab 在反垄断担忧下放弃收购 Trans-Cab 对新加坡搭车市场意味着什么。</p>
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Grab 因反垄断担忧放弃收购 Trans-Cab：这对新加坡的网约车市场意味着什么