Uber, Grab and Didi: a carve-up brings profits ... and threats

As ride-hailing giants consolidate and focus on their own markets, investors will celebrate. But becoming a dominant player brings risks.

Uber, Grab and Didi: a carve-up brings profits ... and threats

If you want a vision of the future, imagine a ride-hailing app sending cars to drive humans across the globe forever.

While Uber, Chinese rival Didi Chuxing and emerging Southeast Asian player Grab may not yet have sliced up the world between them in the manner of Oceania, Eurasia and Eastasia in Orwell's Nineteen Eighty-Four, the three have pulled off a series of intriguing geographical deals.

In the latest, GrabĀ ...

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