SINGAPORE, April 1 -- Grab will now officially become a taxi operator in Singapore after subsidiary GrabCab obtained a street-hail operator licence.

According to The Straits Times, Singapore's Land Transport Authority (LTA) stated that GrabCab's licence will be active from April 9 with a 10 year validity.

GrabCab will have a grace period of three years to progressively expand its fleet to meet the minimum fleet size requirement of 800 taxis

This will make Grab the sixth taxi operator in Singapore.

Among the conditions that GrabCab will need to adhere to are meeting LTA's safety standards and ensuring that partnership arrangements with drivers are non-exclusive in nature.

GrabCab will also need to ensure that its taxis are easily iden...