By Mars Woo
Philippine fast-food giant Jollibee has completed its acquisition of additional 45 per cent stake in American burger chain Smashburger.
Pacquiao’s latest investment comes barely a month after he invested in Singaporean blockchain startup Global Crypto Offering Exchange.
San Miguel Food and Beverage Inc., which combined three businesses of the group, is now worth $12 billion.
Grab has clarified that although the Uber app continues to operate, it has limited functionality and little or no support
Datamatics will acquire the remaining 25 per cent shares in 2019 and 2020 based on the financial performance of RJ Globus.
The Philippine business of Uber was supposed to shut down on April 8.
Grab Philippines said the company will cooperate with the review conducted by the Competition Commission.
PCC said it has begun a review on the acquisition by Grab Holdings Inc of the assets of Uber.
AboitizPower has launched AboitizPower Distributed Energy (APX) that will focus on the rooftop solar sector.
Malaysia’s Competition Commission would keep tabs on Grab, especially if the company imposed unfair practices or sudden fare increases.