Grab
SGX lists Grab, Sea and SpaceX SDRs from Wednesday
SGX Stock Exchange is expanding its Singapore Depository Receipts (SDR) suite with the introduction of three US-listed counters - Grab (SGX: UGBD), Sea (SGX: UGGD), and SpaceX (SGX: UXSD).
Singapore’s e-commerce growth stays strong, ride-hailing faces fuel pressure – Maybank
Maybank Investment Bank has expected e-commerce competition in Singapore to remain stable and growth elevated in the second half. However, it sees ride hailing services may see softness owing to higher fuel prices.
Grab and Enterprise Singapore launch initiative to help F&B merchants drive growth
Singapore-based ride-hailing and delivery platform Grab has partnered Enterprise Singapore to launch a new initiative aimed at helping small food and beverage (F&B) businesses improve customer reach and strengthen their digital capabilities amid rising operating costs and intensifying competition.
Grab eyes EV charging network, AI support for SMEs in Hanoi
Grab, the Singapore-based superapp, has proposed building an open electric vehicle charging network in Hanoi and deploying AI solutions to support small and medium enterprises (SMEs) and household businesses in the capital city.
Grab plans autonomous vehicles, delivery robots in Vietnam, pledges long-term investment
Grab, the Singapore-based superapp, plans to explore pilot programs for autonomous vehicles and delivery robots in Vietnam, said Chin Yin Ong, Chief Organization Capability Officer at Grab.
Grab to consolidate Indonesian digital Lender Superbank as Singtel transfers stake
Grab Holdings Limited will consolidate PT Super Bank Indonesia Tbk (Superbank) after GXS Bank, its digital banking subsidiary jointly owned with Singapore's Singtel, receives a shareholding transfer from Singtel Alpha Investments.
Grab’s record quarter signals growing shift In Southeast Asian food retail – BMI
Singapore-based Grab Holdings' record quarter has signaled growing shift In Southeast Asian food retail, BMI Country Risk and Industry Research said Wednesday.
Maybank sees limited impact on Grab from Indonesia eight percent commission cap
The proposed cap on ride-hailing commissions in Indonesia is expected to have a limited earnings impact on Grab Holdings, with analysts estimating a manageable hit to adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) even as regulatory uncertainty weighs on sentiment.
Grab posts $120M profit in Q1, revenue grows 24%
Singapore-based superapp Grab announced Tuesday that its revenue grew 24 percent year-over-year to $955 million in the first quarter, driven by continued growth across its on-demand and financial services segments.
Grab gets first cross-border ride-hail license for upcoming pilot
Grab, the Singapore-based superapp, has on last Friday received the first Cross-Border Ride-Hail Service Operator License (CRSOL) under the enhanced Cross-Border Taxi Scheme, which has been jointly announced by the Ministry of Transport of Singapore and the Ministry of Transport of Malaysia.
