GrabCab has won a 10-year street-hail taxi licence and will become Singapore's sixth taxi operator, expanding its fleet to 800 taxis over three years.
KEY POINTS
IN SIMPLE TERMS
Grab, the ride-hailing company many Singaporeans use, is now starting a traditional taxi service where you can hail cabs on the street. This means more taxi choices and competition in Singapore's taxi market.
WHY IT MATTERS
WHERE DO YOU STAND?
Do you think GrabCab's entry will meaningfully improve taxi availability and choice for Singapore commuters?
👍 👎 Vote ↓GrabCab’s entry into Singapore’s street-hail taxi sector promises more choices for drivers and commuters, boosting competition in the market.
LTA has awarded a Street-hail Service Operator Licence (SSOL) to GrabCab Pte Ltd.
The announcement was made on 2 April 2025, marking a significant development in Singapore’s transport landscape.
GrabCab is a subsidiary of Grab Rentals Pte Ltd and a sister company of GrabCar Pte Ltd.
GrabCar Pte Ltd holds an existing Ride-hail Service Operator Licence (RSOL) and Car-pool Service Operator Licence (CSOL).
The SSOL granted to GrabCab is valid for 10 years, commencing from 9 April 2025.
With this licence, Grab Cab becomes the sixth taxi operator in Singapore, increasing competition in the sector.
LTA has allowed GrabCab a three-year grace period to expand their fleet to meet requirements.
According to LTA, “GrabCab’s entry into the street-hail sector brings the total number of taxi operators to six, providing drivers and commuters with more choices and is expected to boost taxi supply.”
As part of the licence conditions, Grab Cab must adhere to several key requirements:
The new taxi company must also have a prominent roof-top sign and a distinctive livery scheme to be easily recognisable.
These requirements aim to ensure fair competition and maintain service standards across all taxi operators.
Grab Cab’s entry is expected to bring innovation and potentially new technologies to the traditional street-hail taxi service.
As Grab prepares to launch its street-hail services, commuters and drivers alike will be watching closely to see how this new player impacts the taxi industry in Singapore.
Do you think GrabCab’s entry into the street-hail taxi market will significantly improve transport options for Singapore residents?
Do you think GrabCab's entry will meaningfully improve taxi availability and choice for Singapore commuters?
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