The Competition and Consumer Commission of Singapore has issued interim measures to stop Grab's acquisition of Uber in the South East Asian region.
The Uber app, which was supposed to be shut down on 8th April after Grab's takeover, will remain operational until 15th April.
Following its acquisition of Uber's South East Asian business, Grab has offered its rival's displaced staff roles in the newly merged entity.
Despite Grab's acquisition of Uber's South East Asian business, it will not be allowed to monopolise the market, says regulators.
Ride-hailing firm Grab officially took over American rival Uber's South East Asian business yesterday, after weeks of speculation and rumours.
Consumer and industry watchers are concerned that Grab's acquisition of rival Uber's South East Asian business may lead to higher fares.
People familiar with the matter say that Uber has reached an agreement to sell its ride-hailing business in South East Asia to rival Grab.