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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

• Grab is considering a $7 billion acquisition of Indonesian tech giant GoTo, potentially paying a 13.6% premium over its current trading price, as part of merger talks to consolidate Southeast Asia's markets.
• Bali's new 2025 policy will limit the number of Grab and GoJek drivers and require them to be Balinese residents.
• Grab is considering delisting from Nasdaq, which has caused its stock to drop by 8.41% on February 5, 2025.
• Grab is in advanced merger talks with Indonesian rival GoTo to address ongoing losses, although GoTo denies any current discussions.
• UNL Global has partnered with GrabMaps to enhance location solutions for Southeast Asia.

• Grab has put in a bid for Gojek/Tokopedia, including GoCar, for US$7 billion.
• Grab and GoTo have resumed merger talks with a target to finalize the deal by 2025, causing Grab shares to rally over 7% premarket.
• Spice 'N Ice • Restaurant & Bar is now available on GrabFood as of February 9.
• Eminami is now available on GrabFood in Singapore as of February 7, 2025.
• Grab is hiring a Manager for Configuration Management in their GTS Service Management team in Bangalore.

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