When did Grab enter Vietnam?
Grab entered Vietnam in 2014, initially as GrabTaxi. Since then, the Singapore-based company has expanded its offerings to include 15 services available in 50 cities and provinces across the country.
When did Grab start operating in Vietnam? Vietnam Grab launch date?
Grab rolled into Vietnam in 2014. Initially, it was just GrabTaxi.
I remember taking my first GrabTaxi in Hanoi sometime in late 2014. It was near Hoan Kiem Lake, and the fare was ridiculously cheap, like 30,000 VND for a short hop. I was amazed. Regular taxis were such a hassle back then.
Now, Grab’s everywhere in Vietnam, offering tons of services. They’ve really become a part of daily life. It’s kinda wild how quickly that happened. Last time I visited Da Nang in June 2023, I used GrabBike, GrabFood, and even GrabMart. It’s so convenient.
Crazy to think it all started with taxis.
Why is Uber not in Vietnam?
Dark outside. Streetlights blurry. Thinking about Uber… not being here. Vietnam. They left, you know? 2018. Sold their Southeast Asia operations to Grab.
Just… gone. Remember using it in Hanoi. Easier than haggling with taxi drivers. Miss that sometimes. Not the… surge pricing though. Ouch. Wallet hurt.
- Sold to Grab: 2018. Southeast Asia operations. Gone.
- No Vietnam presence: No official company. Cross-border only.
- Tax avoidance: Exploited legal loopholes. Before leaving.
Remember the green bikes? UberMOTO. Zipping through traffic. Crazy. Now it’s all GrabBikes. Everything’s… Grab. Kind of a monopoly.
Makes you think. Competition. Regulations. Business. It’s complicated. Sigh.
Why did Uber leave Vietnam?
Okay, Uber and Vietnam… Hmm, why did they leave?
Uber left Vietnam. Right. Tax avoidance maybe? I think I remember that.
- Cross-border supply thing.
- No company in Vietnam, like officially.
- Loopholes. Ah, I see!
Like, seriously, who does that? Anyway, tax stuff is complicated. Makes my head spin.
Remember that trip to Hanoi in 2024? The traffic…woah. I used Grab then, not Uber. Maybe Grab won?
- They just couldn’t compete?
- Or the tax thing was too much?
The tax thing… such a mess. Bet the Vietnamese government wasn’t happy. Good riddance!
Why did Uber fail in Southeast Asia?
Uber? Oh, that saga. Southeast Asia? More like Southeast ouch, amirite?
Arrogance was their GPS set on “self-destruct.” They thought they could just Uber-ize everything, like some asphalt-paving Midas. News flash: it doesn’t work like that.
Think of it like this: they showed up to a street food festival with a Michelin-star menu and expected everyone to ditch the noodles. Nope.
- Ignored local nuances: Should have learned the language of the street.
- Burning cash: Like, literal bonfires of VC money.
- Competition’s killer instinct: Hello Grab, a ninja in the gig economy. (Seriously, Grab’s branding is genius.)
Uber assumed their tech bro brilliance was a universal solvent. Turns out, it dissolved in the face of actual local knowledge.
They were so busy patting themselves on the back for disrupting the taxi industry that they forgot to, oh I don’t know, read the room. I mean, did no one tell them about Grab? Or about, you know, people?
They’re like that guy who shows up to a costume party dressed as… Uber. Meta. But profoundly unfunny.
Here’s the tea, spilled hot: Uber underestimated their rivals, misread the market, and spent like a drunken sailor. And who’s surprised? Not me!
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