Vietnam court asks Grab to shell out $206k for taxi firm Vinasun's losses

Vietnam court asks Grab to shell out $206k for taxi firm Vinasun's losses

Photo: Grab website

The High-Level People’s Court of Ho Chi Minh City has concluded that Southeast Asian ride-hailing giant Grab’s operations in Vietnam were partially responsible for local taxi firm Vinasun’s past losses, asking Grab to pay 4.8 billion dong ($206,000) as compensation.

The court on Tuesday rejected the appeals by both companies and upheld the first-instance judgment.

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