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Singapore's anti-trust body proposed fines on ride-hailing firms Grab and Uber, provisionally finding that their merger had reduced competition and suggesting remedies such as the sale of their ...
Singapore's competition watchdog on Friday outlined a set of interim measures for ride-hailing firms Grab and Uber Technologies to ensure an open market as it continued its investigation into ...
Grab Holdings, Southeast Asia's most valuable tech unicorn, is going public in New York following a blockbuster US$39.6 billion merger with a blank cheque company. The Singapore ride-hailing and ...
Grab Holdings Inc. is a Singaporean multinational technology company headquartered in One-North, Singapore. It is the developer of a super-app for ride-hailing , food delivery , and digital payment services on mobile devices that operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam.
The acquisition allows Grab to offer enhanced restaurant booking services, distinguishing it from peers like GoTo and Line Man Wongnai. Grab held $2.1 billion in cash and equivalents as of March 31.
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Location of Singapore Singapore is a sovereign island country in maritime Southeast Asia. A global city, it has a highly developed market economy, based historically on extended entrepôt trade and more recently as a financial hub as well. Its economy is known as the most freest, most innovative, most competitive, most dynamic and most business-friendly in the world by various multinational ...
(Reuters) -Singapore's Grab Holdings raised its forecast for fiscal 2024 revenue on Monday, as the Southeast Asian tech firm anticipates robust growth in its food delivery and ride-hailing ...