GrabTaxi seeks to dominate Asia with a local approach unlike Uber

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GrabTaxi works within the existing taxi ecosystem Malaysia, the Philippines, Thailand, Vietnam and Singapore -- with a combined population of 600,000 million -- to help taxi drivers enter the new economy while using the latest mobile technologies to make taxi rides safer and more efficient than before.  More than 20,000 taxi drivers have registered with GrabTaxi and the company estimates that one in two active taxi drivers in the region will be on the GrabTaxi network by the end of 2015.  GGV led the company's Series B financing with participation from Qunar and Vertex Ventures.

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