Grab

Mastercard and Grab launch program to boost entrepreneurship in Southeast Asia

Mastercard and Grab, the Singapore-based super app, announced Tuesday the “Small Business, Big Dreams” regional program to digitally upskill gig economy workers and small businesses in Indonesia, the Philippines, and Vietnam.

Grab targets group adjusted EBITDA breakeven by second half of 2024

Singapore-based super app Grab Holdings Limited announced Tuesday that it is targeting to achieve breakeven on a group adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) basis by the second half of 2024, as it accelerates its path to profitability.

Grab rival Be Group gets $60M loan for Vietnam expansion – report

The ride-hailing market in Vietnam is expected to grow at a compound annual rate of more than 28 percent over the next five years, according to research firm Mordor Intelligence.

Grab’s 2Q revenue rises 79 percent on higher mobility and deliveries contribution

Southeast Asia’s super app Grab announced Thursday that its revenue surged 79 percent year on year to a record high of $321 million, driven by strong growth in mobility and deliveries revenue, including contributions from its recently-acquired Malaysian retail chain Jaya Grocer.

Deliveroo, Foodpanda and Grab jointly launch digital platforms industry association in Singapore

The three major food delivery platform companies, Deliveroo, Foodpanda and Grab, have come together to launch the Digital Platforms Industry Association (DPIA). Through the association, these platform companies will strengthen the frameworks, guidelines, and policies that support their delivery partners and merchants.

Coca-Cola and Grab join hands to drive growth and digitalisation in Southeast Asia

Global beverage company Coca-Cola and Southeast Asia’s leading superapp Grab announced Thursday an integrated regional partnership that will build on Coca-Cola’s extensive offline retail presence and Grab’s large online network to unlock growth opportunities in a booming digital consumer market.

Grab launches GrabScholar Program and GrabMerchant Center in Singapore

Grab, Southeast Asia’s leading superapp, announced Thursday two new initiatives to drive inclusive growth in Southeast Asia at the official opening of its Headquarters @ Singapore. The new initiatives include a $1 million GrabScholar Programme to disburse scholarships and bursaries to students across Southeast Asia, and a new GrabMerchant Centre to help…

Malaysia’s Grab, Foodpanda food delivery riders on 24-hour strike, call for better fees & benefits – report

Dubbed "Food Delivery Blackout", riders who attended a press conference said that the number of p-hailing and e-hailing drivers that went on strike on Friday is still unknown, but it is happening nationwide.

Grab launches intercity travel service in Malaysia and Singapore

Southeast Asian super app Grab said Thursday it has officially launched Grab Intercity, giving users the ability to conveniently purchase affordable bus and ferry tickets between Malaysia and Singapore right on the Grab app.

Grab buys and relaunches food site HungryGoWhere

Grab Singapore, a leading superapp in Southeast Asia, announced Wednesday that it has bought and relaunched Singapore’s food site HungryGoWhere and its accompanying social media channels. The revamped HungryGoWhere brand aims to address the growing interest of diners to reconnect with its local food scene in much deeper ways.