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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
Business
April 3, 2017

Grab Solidifies Leadership in Digital Payments with Agreement to Acquire Kudo, Indonesia’s leading O2O Ecommerce Platform

  • Expands Grab’s payments ecosystem to support massive growth in online consumer spending in Indonesia
  • Supports extension of Grab’s driver and rider recruitment network across Indonesia
  • Marks first investment of the US$700m ‘Grab 4 Indonesia’ 2020 master plan
Business
March 21, 2017

Grab Launches Beta Trial of Taxi-Hailing Service in Myanmar

  • Southeast Asia’s largest ride-hailing company aims to work with taxi drivers to make Yangon transport system more efficient
  • Yangon commuters can sign up for beta trial of GrabTaxi service today and enjoy fixed fare taxi rides

Business
February 7, 2017

Grab Introduces New Transport Vertical, GrabCoach, for Group Travellers and Corporate Customers

  • Over 200 13-, 23- and 40-seater buses and vans now available for booking via the Grab app – expanding Grab’s multi-modal ride services
  • Passengers travelling in large groups can enjoy fixed fares with GrabCoach
  • Grab’s platform enables fleet owners to scale and gain access to Grab’s passenger base
Business
February 2, 2017

Grab to invest USD 700 million in ‘Grab 4 Indonesia’ 2020 master plan

  • ‘Grab 4 Indonesia’ 2020 master plan to give all Indonesians opportunity to move into digital economy
  • ‘Grab 4 Indonesia’ 2020 roadmap outlines three major investment pillars – technology talent, technopreneurship, and mobile payments
  • Investment commitment follows 600% growth in 2016 of GrabCar and GrabBike services in Indonesia
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December 8, 2016

Grab Beta Launches GrabRewards to Make Rides Even More Rewarding

  • Southeast Asia’s first regional passenger loyalty programme for ride-hailing beta launched across all Grab’s locations with four loyalty tiers: Platinum, Gold, Silver and Member
  • Grab passengers automatically earn points by taking GrabBike, GrabCar, GrabShare and GrabTaxi rides in all locations
  • Points can be exchanged for free or discounted rides and promotions with Grab’s Reward Partners
Tech & Product
October 24, 2016

Grab Launches In-app Instant Messaging Service GrabChat for Ride-hailing across Southeast Asia

Enables rides to commence more quickly and seamlessly by aiding communications between drivers and passengers Template messages for quick and […]