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.
October 18, 2022
News,Asia,Transportation,Singapore
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.
September 29, 2022
News,Vietnam,Telecommunications
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.
September 6, 2022
News,SEA,Transportation,Singapore
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.
August 26, 2022
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.
August 18, 2022
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.
August 18, 2022
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…
August 12, 2022
News,Transportation,SEA,Malaysia
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.
August 5, 2022
News,SEA,Malaysia,Singapore,Transportation
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.
July 8, 2022
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.
June 15, 2022