Earlier this week, Uber officially agreed to pull their company out of the Southeast Asia region of the world and will be giving their operations there to a regional rival, Grab. Although they will be losing operations in a region with 620 million people, Uber will be receiving a 27.5% stake in the Singapore-based company Grab, along with Uber’s chief-executor joining the board of the company.

“I think Grab won this one, as I believe they will be getting more out of the deal,” freshman Matthew Sherrill said. “Although, Uber got a 27.5% stake in the company so if Grab grows large then that means Uber will be making money as well.”

Although this will be an ultimate victory for Grab, this pull-out will cut the losses predicted for Uber planned in the region, before Uber’s planned public opening in 2019. This isn’t the first time Uber has sold their operations in a certain area, too. In 2016, Uber sold their company’s occupation in China to the company Didi after after a court battle which cost both companies greatly. Uber also made a similar agreement in Russia last year, planning to move out of there as well.

CEO of Grab Anthony Tan mentions the agreement as the “start of a new era” for Grab, as the two companies’ combined business will lead the platform of cost efficiency of the region. Uber CEO Dara Khosrowshahi plans to expand the company into regions such as Japan and India, yet the latest backing out could prove Uber to be relying on their homebase in North America.

“This could be the downfall of Uber, or it may not,” Sherrill said. “Maybe Uber is planning for an upcoming future release on something that will blow our minds.”

Although Uber is the top dog in North America, it still faces criticism. On Monday, March 26, Arizona Governor Doug Ducey sent Khosrowshahi a letter, explaining why Arizona will be suspending Uber’s self driving tests in the state after the death of a pedestrian due to one of these tests. The victim, Elaine Herzberg, was hit by one of Uber’s self-driving cars while riding a bicycle across the crosswalk.

Uber originally started their self-driving tests in Arizona during 2016, where Ducey welcomed Uber with open arms. Last March, Ducey then allowed the testing of self-driving cars if nobody was in the vehicle, yet the car which hit Herzberg was found to have a human safety operator inside. Uber has also ceased their self-driving tests in all cities they occupied, including Tempe, Pittsburg, San Francisco and Toronto. Uber currently has no plans to continue these tests and have no date of when they will return.