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Grab

Grab is your everyday everything app.

About Grab

“Why can’t we have a safer way to hail a ride?”
“Can’t we give drivers better working conditions?”
“What if we could make life just a little bit easier?”

Okay, it started with several questions. Those questions led to a group of incredibly ambitious (and incredibly optimistic) friends starting this company in a tiny rented storage space somewhere in Kuala Lumpur, Malaysia.

That was in 2012.

Today, that tiny company has turned into Grab, Southeast Asia’s largest mobile technology company that connects millions of consumers to millions of drivers, merchants, and businesses. Grab is taking on the largest problems that affect the region, including access inequality, outdated infrastructure, and income disparity.

Just like every single Southeast Asian, we’re still incredibly ambitious. We’re still questioning those everyday limitations. And we’re still incredibly optimistic.

HEADQUARTERS

Media Link
139305
Singapore


Funding

Total Disclosed

$8.7B raised

Funded OVer

10 rounds

V

$300,000,000

Venture RoundJan 2021

H

$4,500,000,000

Series H$10B valuationOct 2019

G

$2,500,000,000

Series G$4B valuationJul 2017

F

$750,000,000

Series F$2.3B valuationSep 2016

E

$350,000,000

Series E$1.2B valuationAug 2015

D

$250,000,000

Series D$800M valuationDec 2014

C

$65,000,000

Series COct 2014

B

$15,000,000

Series BMay 2014

A

Undisclosed

Series AApr 2014

S

$120,000

Seed 2012


Articles, Links, and Press

Gojek and Tokopedia confirm merger with new entity: GoTo Group

GoTo Group is now one of Southeast Asia's largest technology conglomerates

BEAMSTART.COM

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%

BEAMSTART.COM

Shopee's parent company, SEA Group, has bought a bank in Indonesia

SEA Group bought Bank Kesejahteraan Ekonomi Indonesia, a significant move into the digital banking space.

BEAMSTART.COM

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

BEAMSTART.COM

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.

BEAMSTART.COM

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.

BEAMSTART.COM

MaGIC's Cohort 04 startups are a different breed; taking on a post-pandemic world.

The new curriculum focuses on grooming startups to be resilient and adaptable.

BEAMSTART.COM

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