Grab | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Grab is Southeast Asia's leading superapp offering a suite of services like deliveries, mobility, financial services, and more. Guided...
Grab is Southeast Asia's leading superapp offering a suite of services like deliveries, mobility, financial services, and more. Guided by The Grab Way, their mission is to drive Southeast Asia forward by creating economic empowerment for everyone.
Website
Headquarters
Singapore, Singapore
Size
5001-10,000 employees
Industry
Software Development
Specialities
Technology, Mobile, Logistics, Transportation, Payments, Southeast Asia, Fintech, Digital Banking, Delivery, Superapp
🛍️ Grab Product and Pricing News →
👔 Grab CEO, Management and Leadership Team →
⚔️ Grab Alternatives and Competitors →
💼 Grab Hiring and Layoffs →
🤖 Grab Developer, Integration and Automation News →
📈 Grab Financials, Fundraising and Valuation News →
🛍️ Grab Product and Pricing News
- Grab and its investors have finalized a settlement agreement, which is now awaiting court approval.
- Grab's new Merchant Menu Assistant helped add nearly 70,000 digital menu items in 3 weeks.
- Grab agreed to an $80 million settlement in a lawsuit over its SPAC merger for allegedly omitting key information.
- Grab will increase its platform fee from 70 cents to 90 cents per ride in Singapore starting January 1, 2025, to support drivers' CPF contributions and welfare benefits.
- Grab will increase its platform fee by 20 cents starting January 1, 2025, due to the Platform Workers Act.
- Starting January 1, 2025, individuals driving in partnership with Grab Taxi must pay personal income tax and value-added tax based on a percentage of their revenue.
- Grab introduced Passkey, a passwordless authentication method using the FIDO standard, enhancing user security by storing secrets on user devices instead of Grab's database.
- Grab has expanded its ride-hailing services to five cities in Japan.
👔 Grab CEO, Management and Leadership Team
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Chief Product Advisor
[email protected] -
Group Chief Technology Officer[email protected]
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Chief Financial Officer[email protected]
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Chief Product Officer[email protected]
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Chief Technology Advisor[email protected]
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Chief of Staff, Grab PH Deliveries[email protected]
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Chief of Public Affairs[email protected]
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Group CEO & Co-founder[email protected]
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Chief Executive Officer
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Chief Executive Officer
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Co-Chief Executive Officer en Grab.[email protected]
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CFO designate[email protected]
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CFO, Grab Indonesia and OVO[email protected]
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CFO, Ex-Indonesia Region[email protected]
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CTO and Head of Engineering, Grab Financial Group[email protected]
⚔️ Grab Alternatives and Competitors
- Glovo |
- Uber |
- Didi |
- Ola |
- Savaari |
- LINE MAN Wongnai |
- Dunzo |
- Dada Group |
- Cabify |
- inDrive |
- Lipaworld |
- GO-JEK |
- Lyft |
- Gett |
- iCarsClub |
- oBike |
- Neuron Mobility |
- Foodpanda |
- LINE |
- ShopeeFood |
- BeCar |
- Deliveroo |
- Comfort |
- AirAsia Food
💼 Grab Hiring and Layoffs
- Justin Halim has joined Grab as an Advisor in Singapore, previously serving as an Advisor at Badge.
- Dimas Wialdi has joined Grab as Go to market lead in Indonesia, previously holding a position at another company.
- Grab's Head of Product, Ee Ling See, announced the launch of Grab's Women in Tech mentorship program to support women in the tech industry.
- Serene Lim has started a new position as Head of People Experience Operations & Compliance at Grab.
- Shoaib Rahman has left Grab as a Principal Product Manager to join Airwallex in Singapore as a Principal Product Manager.
- Justwin Ong has joined Grab as Commercial Lead in the Philippines, previously serving as Senior Customer Development Manager - Indirect Trade at Colgate-Palmolive.
- Grab is currently hiring an Art Director in Cambodia.
- Grab is currently seeking a Lead Project Manager, Salesforce Delivery in India.
🤖 Grab Developer, Integration and Automation News
- Grab has partnered with LSBF Singapore Campus to offer eight Diploma and Degree programs, plus English language courses, to its driver- and delivery-partners and their families.
- Grab is collaborating with GXBank to launch the TeXnovasi Startup Accelerator Programme in Malaysia, with applications open until January 5, 2025.
- Grab launched its first insights collaboration with The Coca-Cola Company, allowing Filipinos to explore their 2024 Grabfood re-orders and Coke drink pairings.
- GrabMart partners with BloomsbyM.com to offer gift-wrapping and handwritten gift cards at no extra charge for the Christmas season.
- Grab has partnered with the SSDM Polri Psychology Bureau to enhance service safety standards.
- Grab and OpenAI announced a strategic collaboration, marking the first of its kind in Southeast Asia.
- Grab Cambodia has partnered with ABA Bank to integrate digital payment systems via ABA's PayWay platform, allowing users to link ABA accounts for automatic payments.
- Grab partners with AlipayPlus and StraitsX to allow AlipayPlus users to make purchases in their local currency at GrabPay merchants in Singapore.
📈 Grab Financials, Fundraising and Valuation News
- Grab has completed the acquisition of Cambodian food delivery and e-commerce platform Nham24, approved by the Competition Commission of Cambodia.
- Grab is merging with Cambodian brand NHAM24 to enhance affordability and convenience for users and support local businesses.
- Grab posted its first net profit in Q3 2024 and raised its full-year guidance, signaling strong upward momentum with stock price targets as high as $8.00.
- Grab raised its fiscal 2024 revenue forecast to $2.76-$2.78 billion, driven by growth in food delivery and ride-hailing, causing shares to jump over 10%.
- In 2024, Grab's revenue grew by 25% to $2 billion, with significant contributions from its food delivery and fintech sectors.
- Grab's ride-hailing services in Thailand saw over 400% growth in key cities in 2024, with significant increases in airport trips and the popularity of the GrabCar Saver option.
- Grab has enabled over 40,000 local driver-partners in Sarawak to earn more than RM100 million in 2023, significantly impacting the state's economy.
- Grab's Monthly Transacting Users grew 16% year-on-year to 42 million in Q3 2024, marking the sixth consecutive quarter of growth.
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