Grab Vietnam’s Official Statement
On September 4th, Grab Vietnam issued an official statement regarding market research reports on the taxi industry in Vietnam conducted by Mordor Intelligence, an Indian-based market research and consulting firm, in Q4 2024, Q1 2025, and Q2 2025.
Grab Vietnam Requests Retraction
Grab Vietnam asserts that they have never discussed or provided any business information, transaction data, or market assessments to Mordor Intelligence or any third party.
Therefore, the company distances itself from and does not endorse the accuracy or content of the aforementioned reports.
Over the past few months, Grab Vietnam has been in direct communication with Mordor Intelligence to gain a deeper understanding of the source data and survey methodologies used. They have also requested that Mordor Intelligence re-evaluate and improve their research methods.
Grab Vietnam has sent an official legal notice to Mordor Intelligence, requesting the retraction of the aforementioned reports.
The reports primarily rely on assumptions and estimates of the overall transaction value (GMV) of taxi companies, from which they deduce GMV for the passenger taxi business, and further segregate GMV for two-wheeler and four-wheeler services. These estimates are made without verifiable or reliable data sources.
Additionally, Grab points out that these assumptions and estimates are based on information from select former employees of these companies, labeled as “experts” by Mordor Intelligence, through online interviews, which may have resulted in outdated information.
“Based on these factors, we have reason to believe that Mordor Intelligence’s reports on Vietnam’s passenger taxi market have utilized unverifiable data sources and incomplete research methodologies, leading to misleading conclusions. This could potentially confuse consumers, send inaccurate signals to the market, and misguide stakeholders towards inefficient business directions,” Grab Vietnam states.
Grab Vietnam has sent an official legal notice to Mordor Intelligence, requesting the retraction of the aforementioned reports for re-evaluation and improvement of their research methodology. They have also urged Mordor Intelligence to support their conclusions with reliable and verifiable market data and sources.
The Great Race to Vietnam: A Zero-Tariff Treasure Trove for the World’s Economies
The import of this product from the US is surging, with a significant 78% increase compared to the same period last year.
Why Did Grab Vietnam Request Mordor Intelligence to Retract Its Taxi Market Reports?
Grab Vietnam vehemently denies ever discussing or providing any business information or transactional data to Mordor Intelligence.
The Great Export Slump: China Down 90%, as the US Surges Ahead with a Surprising Commodity to Vietnam – A Global Third-Place Finisher in Consumption.
The import volume of this commodity from the US to Vietnam has tripled.
“Vietnam’s Export Superstar: Unlocking the Secrets to Record-Breaking Success”
In the first eight months of the year, Cambodia’s imports of an unexpected product from Vietnam surged.
The Power of Flowers: A Dutch Man’s Legacy Blooms in a $500 Million Empire
A decade on from the passing of esteemed entrepreneur Thomas Hooft, his enduring business philosophy has propelled the growth of Dalat Hasfarm. The company’s acquisition of Lynch Group (Australia) for AUD 270 million (VND 4.6 trillion) stands as a testament to its remarkable journey and expansion since its inception.
