More demand, fewer drivers, Grab says on price fluctuations
The e-hailing service says there has also been a large increase in traffic congestion which increases the cost of serving each ride.
Chinese ride-hailing giant Didi facing probe ahead of US market listing
In recent months, Beijing has been clamping down on the country's internet giants for wielding too much power.
Uber to pay drivers minimum wage, holiday pay and pensions after UK court ruling
The company is being challenged by its drivers in multiple countries over whether they should be classed as workers or self-employed.