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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 introduced a new image search function for finding pick-up points in Singapore.
• Grab Philippines launched a Green Programme to promote sustainability in on-demand services.
• On February 26, 2025, Grab partnered with Overseas Cambodian Investment Corporation (OCIC) to enhance urban mobility in Phnom Penh's Koh Pich area, offering improved transportation solutions and a 50% discount for users.
• Grab launched the AI Gateway platform to integrate AI providers like OpenAI, Azure, AWS, and Google VertexAI, enabling seamless access to advanced AI technologies for its team members.
• Grab's subsidiary Move It, acquired in 2022, is aggressively competing in the Philippines' motorcycle taxi market against Angkas.

• Perpetual Ltd, a $215 billion fund, initiated a significant new position in Grab with 45,164,580 shares in February 2025.
• Grab plans to launch a trial of its Grab Xích Lô service in Huế, Vietnam, as part of a three-year partnership to promote digital transformation and tourism.
• Marthyna's South Supermarket is now available on Grab for delivery within a 10km radius.
• Connor, Clark & Lunn Investment Management increased their Grab holding by 939.61% to a total of 7,543,015 shares.
• Grab's GMV increased by 16% to $18.364 billion in 2024, with revenue up 21% to $2.797 billion, despite an operating loss of $168 million.

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