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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 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.
Singapore ride-hailing firm Grab Holdings said it is cutting over 1,000 jobs or 11% of its workforce to cut costs and keep the company competitive, in its biggest round of job cuts since the pandemic.
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 ...
Several taxi companies had applied to implement dynamic pricing since February 2017. Since 22 March 2017, Grab has planned to implement this called JustGrab on 29 March 2017, that brings taxi companies into the scene of fixed rates (SMRT Taxis, TransCab, Premier Taxis, Prime Taxis and HDT Taxi were involved). [47]
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 ...
Grab, Uber's rival in Southeast Asia, acquires Uber’s Southeast Asia operations. As part of the acquisition, Uber will take a 27.5% stake in Grab. [57] April 12: International expansion: Uber launches in Buenos Aires, Argentina amidst claims of illegality and taxi protests. [58] May 7–9: Local retreat
(Reuters) -The Competition and Consumer Commission of Singapore (CCCS) on Monday raised competition concerns about a plan by Southeast Asian ride-hailing company Grab to acquire Singapore's third ...