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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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Updates as of Oct 04, 2024

• Grab has rebranded its dining options to 'Dine Out Deals' with a 100% Refund Guarantee on vouchers, replacing the previous 'Dine-In' service.
• From November 1, 2024, Grab's earn rate on the AMEX KrisFlyer Credit Card will decrease from 3.1 mpd to 2 mpd for the first S$200 spent monthly.
• Grab's share price has significantly dropped since its IPO, and the company is currently operating at a loss.
• Grab launched a campaign with PayPal.
• On September 27, Grab Cambodia partnered with Carlsberg to promote responsible drinking through the #CelebrateResponsibly initiative, offering discounted rides to encourage safe alcohol consumption.

• Grab is currently hiring for the position of Institute Director, Tech for Good Institute in the Philippines.
• Grab is providing Grab Food Large Order services to DAIDAN GROUP for daily catering at their Jakarta office.
• In late September, Grab CEO Anthony Tan disguised himself as a driver to test the app and gather direct customer feedback.
• Grab has shut down all its cloud kitchens in Singapore, following Deliveroo and foodpanda.
• Grab Thailand was recognized as one of the 'Best Companies to Work For' in the HR Asia Awards 2024.
• Grab improved query accuracy by using o1 to significantly enhance their question bank for answering BI questions with SQL.

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