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Brought to you by RivalSense - an AI tool for monitoring any company.

RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

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Grab

🌎 grab.com

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.

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Grab - Latest News and Updates

• Senator Niluh Djelantik has requested Grab Indonesia to clarify a viral video showing a foreign national allegedly working as a Grab driver in Bali.
• GXS Bank, which is associated with Grab, acquired Validus to enhance SME digital lending in Singapore.
• Grab has launched the GrabCar Travel Guide and GrabFood 5-Star Eats to help users discover new places and restaurants this summer.
• Grab has obtained a taxi operating license in Singapore and plans to deploy 800 taxis over the next three years through its subsidiary GrabCab.
• Minute Burger Lucas Choa is now accepting delivery orders via Grab.

• Assenagon Asset Management S.A increased its Grab holdings by 111.42%, adding 18,882,118 shares to a total of 35,829,032 shares.
• Grab's CFO Peter Oey reported that the company's AI initiative is boosting merchant earnings and spending on their platform, contributing to Grab's growth to 44 million monthly transacting users.
• Wei Yoong L. has joined Grab as Manager, Regional Loyalty Strategy - GTM in Malaysia, previously holding a position at another company.
• Grab is hiring for a position focused on enhancing the discovery experience using machine learning, as announced by Jian Lai, Senior Data Science Manager.
• Grab is co-presenting the Alegorya Tour in CDO.

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