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Whoever could have predicted that private car-for-hire and taxi-booking apps would one day be one of the hottest things in the tech scene? In Southeast Asia, a fierce battle is unfolding between three players: Uber, Easy Taxi and GrabTaxi, which are going all out for a slice of the lucrative transportation and logistics pie. After all, Uber has shown the potential of gaining ground in this industry, with its_pocket full of funding and_powerful strategic backers. In June this year, it scored_$1.2 billion_in funding from investors including Google Ventures, valuing it at a whopping $18.2 billion. Meanwhile, GrabTaxi_recently raised more than...
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The post The war Uber faces: how it’s battling GrabTaxi and Easy Taxi in Southeast Asia appeared first on The Next Web.
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