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Business
October 9, 2018

Grab forges strategic cloud partnership with Microsoft to drive innovation and adoption of digital services across Southeast Asia

  • Grab will adopt Microsoft Azure as its preferred cloud platform
  • Microsoft will make a strategic investment in Grab
  • The five-year agreement will see both parties collaborate on a range of technology projects, including big data, artificial intelligence and mobility solutions

Business
August 23, 2018

Grab Invests in New Electric Vehicle Fleet, Enabled by SP Group’s Fast-Charging DC Network
Business
August 21, 2018

Grab Launches GrabAds Online-to-Offline Advertising Platform for Brands
Business
August 16, 2018

Ping An Good Doctor and Grab Form Joint Venture to Deliver Transformative O2O Healthcare Solutions in Southeast Asia
Business
August 2, 2018

Grab Announces US$2 Billion of Funds Raised in Current Financing Round

  • OppenheimerFunds, Ping An Capital, Mirae Asset – Naver Asia Growth Fund, Cinda Sino-Rock Investment Management Company, All-Stars Investment, Vulcan Capital, Lightspeed Venture Partners, Macquarie Capital and other investors have joined Toyota in Grab’s current financing round
  • The current financing round cements Grab’s aim to be the leading technology company in Southeast Asia
Business
July 10, 2018

Grab unveils open platform strategy to build Southeast Asia’s First Everyday Superapp

  • GrabPlatform is a suite of APIs for partners to integrate their services with Grab
  • Grab will add more everyday services to the Grab app. GrabFresh, an on-demand grocery delivery service, will be launched in beta this month
  • Grab as Everyday Superapp will come to life with new Grab interface. Services and information, relevant to exactly when you need it
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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