Grab

Grab Holdings Ltd.'s proposed acquisition of Atome Financial Singapore Pte. Ltd. will likely accelerate its growth in financial services, S&P Global Ratings said on Thursday.

Maybank Investment Bank estimated Atome to contribute about $200 million to $220 million of earnings before interest, taxes, depreciation and amortization (EBITDA) to Grab Holdings by 2028.

Grab signed an agreement to buy 60% of Atome Financial for $1.49 billion in cash, with the first closing expected by the third quarter of 2027, subject to approvals.

Google Cloud has opened a Singapore Engineering Center linking AI research, cloud product development and enterprise deployment across Southeast Asia.

Hanoi police have issued an administrative fine against DXH, a local citizen making post to urge Grab drivers to stop working as a "labor strike" against the Singapore-based ride-hailing service.

Grab has been pursuing growth through both acquisitions and expansion of its existing businesses, according to the report. Earlier this year, Grab acquired US-based Stash Financial Inc at an enterprise value of US$425 million and bought Foodpanda’s Taiwan operations from Delivery Hero SE for $600 million.

Grab and GXS Bank have on Wednesday jointly announced new solutions designed to address operational and financial barriers to EV adoption for Grab’s driver-partners.

Grab Holdings’ outlook remains broadly constructive despite increasing competitive risks in Southeast Asia’s food-delivery market, with strong growth in its mobility business and continued improvement in deliveries margins providing support to the group’s earnings, according to Maybank Investment Bank said on Monday.

TNG Digital has added GXBank's FlexiCredit revolving credit line to CashLoan, letting eligible Malaysians apply within the TNG eWallet.

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.