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Latest News on Grab

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

Grab-Singtel, Sea, and Ant Group can now run Digital Banks in Singapore.

The companies received digital banking licenses from Singapore's government last Friday.

Alfred LeeDec 06, 2020

Alibaba may invest up to $3 billion in Grab.

SoftBank CEO, Masayoshi Son, is reportedly at the center of the discussions.

Carl AdrianSep 15, 2020

Grab to roll out B2B marketplace with wholesale purchasing and digital tools.

Helping small businesses go digital and cashless.

Alfred LeeJun 09, 2020

Grab and Gojek in talks for merger.

A possible monopoly in the region.

Alfred LeeFeb 25, 2020

Japan’s MUFG invests over $700 million in Grab.

MUFG wants to offer financial services and loans to Grab users.

Ismawati AsmatFeb 20, 2020

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