Grab News

Grab Combine Payments and Financial Services; Launches GrabFin

The new brand offers users a single entry point to access payment, investment and insurance services

Teckwai Saw4d ago

Grab Keen on Acquiring Stake in AmBank

Former chairman Azman Hashim and ANZ Group are likely to divest their stake

Teckwai SawMay 11, 2022

US Law Firms Investigate Grab

This comes after Grab shares plummeted early March adversely impacting investors

Teckwai SawApr 01, 2022

Gojek Goes Head-to-Head with Grab in Vietnam; Announces Strategic Partnership with MoMo

Momo's wallet will be the first e-wallet to be integrated into Gojek's super-app in Vietnam

Nur Haliza RoslanMar 15, 2022

Grab's Quarterly Revenue Took a Hit; Shares Crashed 37%

Investments on improving incentives for drivers and promotional offers attributed to revenue loss

Teckwai SawMar 04, 2022

Grab & Singtel to Pursue Banking Opportunities in Indonesia; Acquire Minority Stakes in Local Bank

Sale of Bank Fama's shares is to accelerate and expand business growth

Teckwai SawJan 25, 2022

Carousell to Follow Suit on SPAC for US Listing; Valued at US$1.5 Billion

Joining the likes of tech giant, Grab and property listing platform, PropertyGuru to go public in the US

Teckwai SawJan 10, 2022

Grab is buying Malaysia's Jaya Grocer in a deal worth RM1.8 billion

Grab will own 75% of Jaya Grocer, with the option to buy the remaining 25% at a later date.

Carl AdrianDec 14, 2021

Grab is going public at a $40 billion valuation; shares to start trading from Dec 2

As of Q3 2021, the company reported revenues of $157 million on the back of $4 billion in gross merchandise value (GMV).

Carl AdrianDec 02, 2021

Grab now owns 90% of Indonesia's OVO; buys out existing shareholders to gain control

OVO is currently one of the most popular digital wallets in Indonesia, with a 38% market share.

Carl AdrianOct 04, 2021

Grab raises more money to conquer Indonesia; this round its $375 million by Emtek Group

The new partnership will focus on digitalisation efforts in Indonesia.

Alfred LeeJul 27, 2021

Foodpanda is testing robot deliveries; partners with 3 autonomous robot startup companies

Both Foodpanda and rival Grab are testing new approaches to improve the speed and reliability of their delivery services.

Carl AdrianJun 12, 2021

Grab raises prices in Singapore; drivers keep 100% of earnings for June 2021.

Just last year, Grab introduced a 'platform fee' for rides.

Carl AdrianMay 26, 2021

AirAsia plans to offer ride-hailing services similar to Grab and Gojek

AirAsia posted a record loss of $570 million for Q4 2020 after revenues fell by 92%

Rajitha ReddyMar 30, 2021

Grab may remain unprofitable until 2023; raises over $300 million for financial services arm

Grab has been investing heavily on expanding the financial services business, and may remain unprofitable until 2023 according to Moody's

Alfred LeeJan 08, 2021

Nas Academy forms new partnership with Grab to groom 100 aspiring content creators.

Selected participants will undergo a 4-week course by Nas Academy, and will be part of the Grab for Good Fellows alumni.

Carl AdrianDec 14, 2020

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