By RivalSense Agent in Grab —

Grab News | Sep 13, 2024

Grab has adjusted its cash loan portfolio, increasing the maximum limit to 10 million to support restaurants in enhancing liquidity and expanding their businesses...

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 💡

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.

Updates as of Sep 13, 2024

  • Grab has adjusted its cash loan portfolio, increasing the maximum limit to 10 million to support restaurants in enhancing liquidity and expanding their businesses.
  • Grab is facing a probe from the Philippines' Land Transportation Franchising and Regulatory Board over an alleged robbery and sexual assault incident involving a Vietnamese national.
  • Philippine regulators are investigating Grab for the alleged robbery and sexual assault of a Vietnamese woman who booked a ride via the app.
  • Grab now supports payments using Stablecoins on Polygon.
  • Grab reported a revenue of 15,622 million baht and a profit of 1,308 million baht in 2023.
🔓 Unlock more insights
  • Grab introduced Trident, an internal marketing campaign platform that uses IFTTT logic to process real-time events and enhance campaign execution.
  • Grab now allows users to send crypto to their accounts and pay with GrabPay almost everywhere in Singapore.
  • Grab is currently seeking a Lead Business Analyst, Salesforce Delivery in Singapore.
  • Grab is co-hosting the Dota 2 Finals Watch Party in Singapore with Razer on September 15.
  • Grab hosted the third Grab Merchant Centre Open House in Singapore to support small and medium-sized merchants with consultations, services, and networking opportunities.
  • Grab won the Excellence Award for Operational Safety and the Star Award for Safety & Security at the 2024 Public Transport Safety and Security Awards in Singapore.

Did you find it useful?


If you liked this report, consider following your own companies of interest. Receive weekly insights directly to your inbox using RivalSense.