SINGAPORE (Oct 31): DBS Group Research says the competition and level of subsidies seen during the Grab vs Uber era are unlikely to return.

This is because the outcome of the first round of competition has not been particularly smooth for the players and the acquisition of Uber’s Singapore operations by Grab had resulted in fines by the competition watchdog.

On Monday, Grab’s next rival Go-Jek started pre-registration for drivers in Singapore, with about 1,000 potential drivers having signed up, according to media reports.

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