Uber's deal with a cab firm in Singapore helps the company offload the costs of owning cars - Recode

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Recode

Uber's deal with a cab firm in Singapore helps the company offload the costs of owning cars Recode Uber has sold a majority stake in its Singaporean car-leasing subsidiary to cab firm ComfortDelGro. As part of the deal, the two companies have created a joint venture — valued at $474 million — which ComfortDelGro will control with its 51 percent ... Uber Ties Up With Singapore Rival ComfortDelGroWall Street Journal Uber lands investment from Singapore's largest taxi operator in blow ...TechCrunch ComfortDelGro to take 51% stake in Uber businessThe Straits Times Reuters -Bloomberg -TODAYonline all 31 news articles »

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