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...


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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

πŸ›οΈ Grab Product and Pricing News β†’

πŸ‘” Grab CEO, Management and Leadership Team β†’

βš”οΈ Grab Alternatives and Competitors β†’

πŸ’Ό Grab Hiring and Layoffs β†’

πŸ€– Grab Developer, Integration and Automation News β†’

πŸ“ˆ Grab Financials, Fundraising and Valuation News β†’

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πŸ›οΈ Grab Product and Pricing News

  • Grab launched the Grab EV initiative in five major cities, promoting an 'all-in-one app rental' program to encourage drivers to use electric vehicles.
  • Grab has updated its food delivery options, adding new restaurants like Panda BBQ and Artisan Boulangerie Co., while adjusting delivery times and minimum spend requirements for free delivery with GrabUnlimited.
  • Grab introduced a hardware version of its Web3 wallet called Carta, allowing users to own their private keys.
  • Grab's CPO pricing model for GrabAds has helped small businesses like Mak Nenek increase orders by 150% by only charging for ads that result in an order.
  • Grab will launch GrabBenefits 2.0 next year, offering higher subsidies for doctor visits, free flu vaccinations, and free massages for its drivers and delivery partners.

  • Grab has rebranded its dining options to 'Dine Out Deals' with a 100% Refund Guarantee on vouchers, replacing the previous 'Dine-In' service.
  • From November 1, 2024, Grab's earn rate on the AMEX KrisFlyer Credit Card will decrease from 3.1 mpd to 2 mpd for the first S$200 spent monthly.
  • Grab launched GrabShop, a commission-free feature allowing users to create and share online catalogues for small businesses.

πŸ‘” Grab CEO, Management and Leadership Team


βš”οΈ Grab Alternatives and Competitors

Monitor your competitors, clients, accounts, partners etc. with RivalSense AI


πŸ’Ό Grab Hiring and Layoffs

  • Grab is hiring for a new position as announced by Chuck Kim, Head of Group Business Development and Strategic Partnerships.
  • Grab is currently hiring for the position of Principal Enterprise Architect - Automation and Integration in Singapore.
  • Anil Yadav has left Grab as a Senior Engineering Manager (SRE/DBRE) in India to join HDFC Securities as Vice President of Engineering.
  • Grab is currently hiring for the position of Institute Director, Tech for Good Institute in the Philippines.
  • Grab appoints Ronald Roda as Grab Philippines Country Head.

  • Grab is currently seeking a Lead Business Analyst, Salesforce Delivery in Singapore.
  • Daniel Lim has started as Head of Employer Branding & Recruitment Marketing at Grab.
  • Grab is hiring a Head of Market Insights for its Jakarta, Indonesia team, as announced by Nishant Gupta, Head of Analytics.

πŸ€– Grab Developer, Integration and Automation News

  • On October 15, 2024, Grab partnered with 2GO to integrate ride-hailing services with sea travel across five major Philippine ports, offering promo codes for seamless travel.
  • Grab launched a campaign with PayPal.
  • On September 27, Grab Cambodia partnered with Carlsberg to promote responsible drinking through the #CelebrateResponsibly initiative, offering discounted rides to encourage safe alcohol consumption.
  • Grab Philippines partnered with Maya Bank to offer instant credit services up to P30,000 for eligible users.
  • GrabAds teamed up with Kantar to create a purpose-driven framework for winning on a Retail Media Network, led by Warish Jain, Regional Measurement Lead at GrabAds.

  • Grab formed a partnership with Richiamo Mart HQ to launch 20 outlets on the GrabMart platform by the end of this year.
  • Grab Finance partnered with Mitra Kembara to offer Grab drivers the opportunity to perform umrah.
  • Grab PH, Red Cross, Jollibee, and McDonald’s unite for GrabBayanihan Typhoon Carina Relief Operations.

πŸ“ˆ Grab Financials, Fundraising and Valuation News

  • Grab's share price has significantly dropped since its IPO, and the company is currently operating at a loss.
  • Grab reported a revenue of 15,622 million baht and a profit of 1,308 million baht in 2023.
  • Grab reported its second quarter 2024 results on August 15, 2024.
  • Grab's share price experienced contrasting fortunes as investors sought greater profitability.
  • Grab's shares slumped after reporting quarterly revenue growth that missed estimates, highlighting intense competition in Southeast Asia.

  • Grab will announce its 2024 Q2 results on August 15, 2024.
  • Grab will announce its second quarter 2024 results on August 15th.
  • Grab and Trans-cab have withdrawn their application for the proposed acquisition.

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