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Grab appeals Vietnamese court ruling in taxi company dispute

Reuters  |  HANOI 

(Reuters) - Ride-hailing company said on Saturday it had filed an appeal against a ruling last month that ordered it to pay 4.8 billion dong (about $207,000) in compensation to a

The 18-month-long legal battle between the two companies is a rare case of a taxi firm suing a ride-hailing rival over lost revenue.

"requested the to reverse the first instance judgment and dismiss the case," said in an emailed statement.

Late last month, the court ordered Singapore-headquartered Grab to pay the sum to Sun Corp, better known as VinaSun, which had sought 41.2 billion dong in compensation for what it said were Grab's unfair business practices.

The court found that Grab violated Vietnamese regulations because it operates as a taxi company, and not just as a firm.

Grab said on Saturday, however, it does not carry out a business and does not violate local laws.

"VinaSun could not prove its actual damages and/or the causal link between any of Grab's alleged violations and VinaSun's alleged damages," Grab said in the statement.

VinaSun did not immediately respond to a request by for comment.

($1 = 23,198 dong)

(Reporting by Khanh Vu; Editing by Helen Popper)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, January 12 2019. 20:25 IST