Singapore’s Competition Commission to Investigate Uber/ComfortDelGro Deal 

On Monday, Singapore’s Competition Commission announced an in-depth assessment of the tie-up between ComfortDelGro and Uber. The agency wants both companies to submit additional information by March 5th, so it can assess whether the new relationship infringes on Singapore’s competition laws.

In December of 2017, ComfortDelGro proposed to acquire a 51 percent stake in Uber’s rental car business, Lion City Holdings, estimated to be worth $642 million[1]. The deal would mark ComfortDelGro’s largest to date and add another 14,000 vehicles to its rental fleet from Lion City Rentals. Under the new team-up, ComfortDelGro’s taxis and Lion City Rentals’ private-hire cars will be dispatched using a centralized fleet management system.

After completing an initial review, The Competition Commission of Singapore issued a statement earlier this week about their findings. “CCS is unable to conclusively determine that competition issues will not arise,” they said. [2]

[1] http://www.straitstimes.com/singapore/transport/watchdog-to-study-comfort-uber-deal-further

[2] https://www.reuters.com/article/us-uber-comfortdelgro/singapore-competition-agency-to-look-closer-at-uber-tie-up-with-comfortdelgro-idUSKCN1G314V

Follow us on social media for the latest updates in B2B!

Image

Latest

internship
Tale of Two Interns: What AI Is Really Doing to Entry-Level Work
March 30, 2026

The narrative around early-career work has become increasingly pessimistic, with headlines pointing to a shrinking pool of entry-level roles, fewer internship opportunities, and AI accelerating both trends. But beneath that narrative, a different tension is emerging—one that’s less about the disappearance of opportunity and more about how it’s being reshaped. Students are using AI…

Read More
AI data center
Power, Cooling, and Risk: What It Takes to Bring a 100MW AI Data Center Online
March 28, 2026

The industry knows how to build data centers. What it’s still figuring out is how to turn on AI factories at scale. With facilities now crossing 100 megawatts—far beyond the 5 to 10 megawatt norm of traditional builds—operators are no longer just validating equipment. They’re testing whether entire systems—power, cooling, controls, and the teams behind…

Read More
beauty
Building Beauty for Real Women: Why Brands Must Focus on Longevity, Not Hype
March 25, 2026

Walk into any beauty aisle—or scroll through your feed for five minutes—and it’s clear the industry is obsessed with what’s new. New formulas, new trends, new “rules.” But for many women, especially those who’ve been using makeup for decades, the question isn’t what’s new—it’s what actually works. And increasingly, the answer isn’t coming from the…

Read More
Physician
Fixing the Physician Experience: Why Advocacy Is Healthcare’s Next Frontier
March 25, 2026

Physician burnout has become a defining challenge in healthcare, with research showing that a substantial portion of clinicians—anywhere from roughly a quarter to over half—experience emotional exhaustion, driven more by systemic pressures like administrative burden and reduced autonomy than by individual resilience alone. As healthcare systems face growing staffing shortages and rising patient demand, the…

Read More