HANOI—A Vietnamese court on Friday ordered ride-hailing firm Grab to pay 4.8 billion dong ($206,985) in compensation to a local taxi operator, ending an 18-month-long legal battle between the two firms, a Grab spokesman and state media reports said.
The case is a rare instance of a taxi firm suing a ride-hailing rival over profit losses. Vietnam Sun Corp, better known as Vinasun, was awarded just over 11 percent of the 41.2 billion dong in compensation it was seeking over what it said were Grab’s unfair business practices.
