Grab

Malaysia remained Grab's biggest revenue source in the first half of 2026, generating $622 million as the Singapore-based superapp's total revenue climbed 23 percent year-over-year to $1.95 billion.

The National Competition Commission, under Vietnam's Ministry of Industry and Trade, has issued an administrative penalty of VND1.36 billion ($51,700) against Grab Vietnam, under Singapore-based superapp Grab, for violations of consumer protection law.

Grab, the Singapore-based superapp, reported revenue of $1.95 billion for the first half of 2026, up 23 percent year-on-year, with profit for the period of $355 million compared with $30 million a year earlier, Grab said in its quarterly review released on Tuesday.

Singapore's Grab has made a strategic investment in Vietnamese electric vehicle charging company EBOOST, with a target of deploying more than 6,000 charging ports for cars and motorbikes in Vietnam by early 2028.

Uber’s proposed $15 billion acquisition of Delivery Hero could mark the ride-hailing giant’s return to Southeast Asia eight years after exiting the region, potentially reshaping competition across ASEAN’s on-demand services market, Maybank Investment Bank Research said Monday.

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).

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.

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, 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, 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.