Grab
Grab retires $600M in 2026 debt with extra cash – report
Southeast Asia-based super app Grab Holdings Ltd said Monday it prepaid $600 million in debt ahead of a 2026 maturity, taking advantage of excess cash on its balance sheet,…
Jaya Grocer launches membership program integrated with Grab
Malaysian premium supermarket chain Jaya Grocer, has launched its first membership program, leveraging the Grab platform. The membership, which is accessible right on the Grab…
Grab has liquidity to drive operations, says S&P Global Ratings
Southeast Asia-based super app Grab Holdings Ltd is on course for positive profitability and cash flow by 2024-2025. The Singapore-based company continues to expand scale while…
Grab to breakeven earlier than expectation after recording narrowed losses
Singapore-based superapp Grab sees the firm to breakeven earlier than expectation after it recorded narrowed losses in 2022. Grab said in a statement on Thursday that its revenue…
Grab Indonesia inks partnership with SRCIS for digital services
Continuing Grab’s long-term commitment in accelerating the digitalization for local micro, small and medium enterprises (MSMEs), Grab Indonesia has inked a partnership with PT SRC…
Grab appoints Adelene Foo as Managing Director of Grab Malaysia
Grab, a leading everyday superapp in Southeast Asia, has announced the appointment of Adelene Foo as Managing Director of Grab Malaysia, effective February 1, 2023. Grab said in…
Grab appoints Philipp Kandal as Chief Product Officer
Grab Holdings Limited, the Southeast Asia’s leading superapp, has on Monday announced that it has promoted Philipp Kandal to Chief Product Officer, effective February 1, 2023.…
Grab Vietnam partners ZaloPay to enhance cashless payment experience
Grab Company Ltd. (Grab Vietnam) and ZaloPay E-wallet have on Monday officially announced their collaboration to launch ZaloPay on the Grab app. Both parties said in a statement…
Southeast Asia’s superapp Grab to implement cost cuts, cites uncertain macroeconomic situation – report
Singapore-headquartered Grab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm, is implementing cost-cutting measures to cope with an uncertain…
Grab’s 3Q revenue up 143 percent year on year to $382M
Singapore-based super app Grab announced Thursday that its revenue surged 143 percent year on year to $382 million in the third quarter ended September 30, driven by strong growth…
