Grab

Tuesday, Apr 23, 2024 | Last Update : 01:31 PM IST

Pushing for WhatsApp digital payments, Facebook picks up stake in Indonesia’s Gojek after Jio

We can help bring millions of small businesses and their customers into the largest digital economy in Southeast Asia, WhatsApp's COO said.

03 Jun 2020 9:21 PM

A deal would see Singapore-based Grab buy a majority interest in Ant-backed DANA from Indonesian media conglomerate Emtek.

Grab in talks to merge Indonesian payment firms to overtake Gojek: sources

Grab and Gojek are the top-two startup brands in Southeast Asia, valued at USD 14 billion and USD10 billion.

11 Sep 2019 11:57 AM

The company is looking at doubling the number in the next 12-18 months.

Grab secures USD 1.46 billion investment from SoftBank Vision Fund

Grab has so far secured around Rs 31,747 crore in funding in its current financing round.

06 Mar 2019 2:40 PM

Late last month, the court ordered Singapore-headquartered Grab to pay the sum to Vietnam Sun Corp, better known as VinaSun, which had sought 41.2 billion dong in compensation.

Grab appeals Vietnamese court ruling in taxi company dispute

The 18-month-long legal battle between the two companies is a rare case of a taxi firm suing a ride-hailing rival over lost revenue.

13 Jan 2019 11:03 AM

The 18-month-long legal battle between the two firms marks a rare instance of a taxi firm suing a ride-hailing rival over lost revenue.

Grab ordered to pay compensation to Vietnamese taxi firm

Vietnam Sun Corp, better known as Vinasun, had sought 41.2 billion dong in compensation.

01 Jan 2019 4:42 PM

If the deal with Central Group goes ahead, it will expand Grab’s existing tie-up with the retailer beyond food delivery to areas such as digital payment and e-commerce, the people said.

Singapore's Grab in talks to sell Thai unit stake to Central Group: Report

The talks are taking place as Grab faces intensifying competition from Indonesia’s Go-Jek, which has plans for a $500 million investment.

28 Sep 2018 2:10 PM

Grab, which is transforming itself into a consumer technology group, already offers loans, electronic money transfers, payments and food delivery. With the launch of GrabFresh, it will now provide on-demand grocery delivery.

Grab launches grocery delivery service in race for growth

The strategy to provide "every day" offerings via a new open platform underscores Grab’s ambition to secure its dominant market share.

10 Jul 2018 2:48 PM

Uber sold its Southeast Asian business to bigger regional rival Grab in March in exchange for a stake in the Singapore-based firm.

Singapore says Grab-Uber deal hurts competition, proposes fine

The Competition and Consumer Commission of Singapore (CCCS) also warned that it may require the companies to unwind the merger.

06 Jul 2018 8:33 AM

Toyota will place one of its executives on Grab's board, and a second Toyota team member will serve as an executive officer at the company.

Toyota investing USD 1 billion in Asian ride-share firm Grab

Grab operates across Asia and agreed to acquire Uber's Southeast Asian business earlier this year.

13 Jun 2018 9:23 AM

Will invest whatever we have to for success in India: Uber CEO

Uber has been pumping in substantial funds to fuel its growth in India.

28 Mar 2018 4:38 PM

Uber and Singapore-based Grab, Southeast Asia’s biggest ride-hailing firm, declined to comment. (Photo:AP)

Uber to sell Southeast Asia business to rival Grab: sources

As part of the transaction, Uber would get a stake of as much as 30 per cent in the combined business.

26 Mar 2018 9:40 AM

Grab said it amounts to the largest single financing in Southeast Asia.

Uber rival Grab to raise USD 2.5 billion in new financing

Grab offers private car, taxi, motorbike and carpooling services in 7 countries and 65 cities across Southeast Asia.

24 Jul 2017 11:36 AM

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Aakar Patel

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