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 launched the new MAX, formerly HBO MAX, across five markets with Warner Bros. Discovery and Hearts & Science.
- Grab introduced a Family Account feature in Singapore, allowing users to book, track, and pay for rides for their loved ones with real-time trip notifications and driver communication.
- Grab Financial Group is expanding its services by offering simple, transparent, and flexible financial products to address the needs of the unbanked and underbanked in Southeast Asia.
- Grab has developed GrabMaps, a mapping system using its delivery workers to create a more accurate map of Southeast Asia's roads and alleyways than Google Maps.
- Grab has made Grab Prem exclusively available for rides from Changi Airport, offering better vehicles like Alphard, E Class, and V Class.
- Grab Philippines has introduced new features like group rides, advance booking, and audio protect to enhance reliability, safety, and affordability during the holiday season.
- Grab is transforming cross-border payments in Singapore using Avalanche blockchain and stablecoin-backed systems with Alipay+ and GrabPay.
- Grab has integrated with Alipay+ to enable transactions through their apps, expanding payment capabilities to Alipay+'s 1.3 billion users and 180 million merchants.
👔 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.
- Grab is currently hiring an Art Director in Cambodia.
- Grab is currently seeking a Lead Project Manager, Salesforce Delivery in India.
- Raka Dipoyansyah has joined Grab as a Business Partner in Indonesia, previously serving as Treasury at PT. Tiki Jalur Nugraha Ekakurir (JNE).
- Justin Halim has joined Grab as Regional Head, Managed Enterprise Business: GrabAds, Grab for Business, Regional Accounts & Agencies in Singapore, previously holding a similar position at another company.
- Grab is currently seeking a Lead IT Business Partner (Finance Systems) in Singapore.
- 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.
🤖 Grab Developer, Integration and Automation News
- 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 partnered with Pure Earth and FKUI to provide lead hazard education and health checks for Grabbike drivers.
- Grab collaborates with StraitsX and Ant International to transform tourism spending in Singapore.
- Grab and OpenAI have announced a strategic collaboration to enhance user experiences in Southeast Asia using AI.
- Grab has partnered with SP Group, Charge+, CDG ENGIE, ChargEco, Shell, and Volt EV Charging to offer charging discounts for EV driver-partners in Singapore as part of GrabBenefits 2.0.
📈 Grab Financials, Fundraising and Valuation News
- 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%.
- 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 CEO Anthony Tan highlighted Thailand as a key growth market after the company reported a strong September quarter with a 17% revenue increase to $716 million, leading to a 12% rise in shares and an improved profit outlook.
- Grab's Monthly Transacting Users grew 16% year-on-year to 42 million in Q3 2024, marking the sixth consecutive quarter of growth.
- Grab's revenue growth has declined for six consecutive quarters since December 2022, raising concerns about its stock's attractiveness.
- In 2023, Grab generated over $2 billion in revenue, serving 35 million customers and providing 13 million gig jobs across Southeast Asia.
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