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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 company's home market is Singapore. It has also expanded to other Asian markets including Hong Kong, Mainland China, Thailand and Indonesia. As of 2024, following GRAB's acquisition of Chope, the Hong Kong and Mainland China business operations are set to close in October 2024.
Founded in 2012 as the MyTeksi app in Kuala Lumpur, Malaysia, it expanded the following year as GrabTaxi, before moving its headquarters to Singapore in 2014 and rebranding officially as Grab. In addition to ride-hailing and transportation services, the company's mobile app also offers food delivery and digital payment services. [17]
(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 ...
Grab took a hit of more than 500 basis points on both revenue and gross merchandise value as Southeast Asian currencies weakened against the U.S. dolla Singapore's Grab misses quarterly revenue ...
Grab is undergoing a restructuring focused on lowering costs, with measures including cuts to its cloud bill and consumer and worker incentives. "While we tried to optimize our bottom-line, we're ...
The Straits Times claimed that Singapore was the second city in the East with a taxi service, after Calcutta. [16] In 1919, The Singapore Motor Taxi Cab and Transport Co. Ltd., which planned to work with the municipal government to set up a taxi service, was proposed, [17] but the plans fell through. [18]
Foodpanda (stylized as foodpanda) is a Singaporean online food and grocery delivery platform owned by Berlin-based Delivery Hero. [2] Foodpanda operates as the lead brand for Delivery Hero in Asia, with its headquarters in Singapore. [3]