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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.
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.
SINGAPORE (Reuters) -Grab Holdings, the largest ride-hailing and food delivery firm in Southeast Asia, clinched a merger on Tuesday with special-purpose acquisition company Altimeter Growth Corp ...
One company that Uber has a sizable investment in is called Grab Holdings based in Singapore. Grab is an app that offers products spanning delivery, mobility, and even financial services solutions ...
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 ...
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.
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
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 ...
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