SGX-listed land transport company, ComfortDelGro is expecting flat to slower earnings growth for its taxi operations, as it squares-off against Uber & Grab who are gaining market share. An exodus of drivers switching from traditional taxis to ride-hailing is unlikely in Singapore, as pay-packages are still more attractive for full-time taxi drivers. 

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Tags:  Singapore equities,  Uber,  Grab,  ComfortDelGro