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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

• Grab announced the expansion of its Grab for Family feature, allowing teens to connect their accounts to their parents' for easier ride management and enhanced safety with AudioProtect and live ride tracking.
• Grab launched a new Dine Out Discovery feature in their app to help users find and navigate to food places based on location or cuisine.
• Grab is partnering with the Department of Transportation - Philippines, Makati Business Club, Inc., and the Move As One Coalition for the Mobility Chats series running twice a month until August, culminating in a Philippine Mobility Summit in September.
• Grab reported a net loss of $1.055 billion in Q4 2021, significantly up from $576 million the previous year, as it heavily invests in growth and navigates post-Nasdaq listing challenges.
• Grab reported a 43% increase in fintech revenue in 2024, reaching $253 million, driven by new offerings in micro-lending, insurance, and digital banking.

• Grab launched the Early Access Programme for users to test new app features before their official release.
• Grab has improved its delivery service by training a Large Language Model to better handle large orders, ensuring timely and fresh deliveries.
• Talha Habib has left Grab as a Lead Software Engineer in Malaysia to join Swipey as a Principal Software Engineer.
• Dylan Lim has joined Grab as Assistant Manager, Deliveries Strategy in Malaysia, previously serving as Team Lead at PostCo.
• Grab has opened applications for its Malaysia Tech Internship Programme 2025, with a deadline of June 20.

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