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Business
April 1, 2020

Grab Hires Peter Oey as Chief Financial Officer

Grab, Southeast’s Asia’s leading super app, announced today that it has strengthened its finance division by hiring corporate finance veteran, Peter Oey, as Chief Financial Officer. 

Business
March 17, 2020

Grab Collaborates with IMDA to pilot Grab Ventures Ignite in Singapore

The pilot will focus on Singapore-based start-ups with interest to expand into Vietnam. Selected startups stand to benefit from a host of capability development programmes and exposure opportunities, including Grab-led immersion trips to Vietnam and Indonesia.
Business
February 25, 2020

Grab raises over US$850 million from Japanese investors

Grab has announced today an investment of over US$850 million from Japanese investors, including Mitsubishi UFJ Financial Group Inc. and TIS Inc., that will go toward creating accessible and affordable financial services for Southeast Asia in order to boost financial inclusion in the region.
Business
February 4, 2020

Grab acquires wealth tech start-up Bento to bring retail wealth solutions to millions across Southeast Asia

Acquisition of Bento enables Grab to bring retail wealth management and investment solutions to its ecosystem of users, driver-partners and merchant-partners. Bento will be rebranded as GrabInvest; products to be rolled out in South-East Asia, with Singapore as the first market.
Business
January 22, 2020

Grab Advances ‘Tech For Good’ Agenda at WEF; Contributes to New Industry Guidelines

Grab convened global leaders on the sidelines of the World Economic Forum Annual Meeting in Davos, Switzerland, to discuss the roles and expectations of technology companies in using “technology for good” to drive society forward.
Business
January 9, 2020

GrabFood Unveils Merchant Solutions and 1st GrabKitchen in Singapore

GrabFood commits to merchants’ growth through a merchant platform and launches GrabKitchen in Hillview with over 10 F&B brands, including 3 virtual restaurants and the latest GrabFood Hub.

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    Business
    July 24, 2017

    Grab Announces Didi Chuxing and SoftBank As Lead Investors for Current Round of Financing

    • Strategic investment of a combined US$2.0 billion by Didi Chuxing and SoftBank deepens partnership with Grab
    • Grab expects to raise US$2.5 billion in total in current financing round
    • New financing to support Grab’s efforts in strengthening its dominant market position in on-demand transportation and payments in Southeast Asia
    Business
    June 6, 2017

    Grab Celebrates Fifth Anniversary and Significant User Milestones

    • 3x growth in last year to 45 million downloads, and up to 2.5 million daily rides
    • Has provided higher incomes for nearly 1 million drivers and reduced travel time in half across Southeast Asia since founding
    • Adds GrabNow, New Service to Digitise Street Hailing