Grab

Maybank Investment Bank has expected a strong third quarter for Southeast Asia's superapp Grab, with more than 20 percent gross merchandise value (GMV) growth and higher margins, potentially prompting upward guidance revisions by management.

Grab, a superapp in Southeast Asia, announced last Saturday its plans to launch Autonomously Intelligent Ride (Ai.R), its first autonomous vehicle (AV) service for consumers in Singapore, in partnership with WeRide, a China-based autonomous driving technology firm.

Alipay+, Ant International’s global wallet platform, and Grab, Southeast Asia’s superapp, have announced the integration of Grab’s ride-hailing services into Alipay+ Voyager, its inbuilt end-to-end artificial intelligence (AI) travel agent.

WeRide, a China-based autonomous driving technology firm, announced last Friday that Grab, Southeast Asia’s leading superapp, has committed to a strategic equity investment in WeRide.

Mabybank Investment Bank foresees Grab could counter Uber’s exit with its own buyback as the latter's minority stake recycle raises concern.

Southeast Asia’s leading superapp Grab and the Singapore Tourism Board (STB) have announced a partnership to enhance visitor experiences and strengthen Singapore’s position as a top travel destination.

Grab is well-positioned to benefit from autonomous vehicle (AV) adoption in Singapore, Maybank Investment Bank said in its recent note.

Southeast Asia's superapp Grab announced Thursday that it has achieved a profit of $20 million in the second quarter of FY2025 amid higher revenue.

Grab has partnered with payments provider Triple-A and digital asset exchange PDAX, to enable Grab users in the Philippines to top up their GrabPay wallets using cryptocurrencies.

Maybank Investment Bank has foreseen Grab's gross merchandise value (GMV) and loan-book growth to accelerate in the second quarter.