COVID-19 has dealt an unprecedented blow to the tourism industry, affecting the livelihoods of millions of workers. One of them was Komsan, an assistant chef in a luxury hotel based in the Srinakarin area. As the number of tourists at the hotel plunged, he decided to sign up as a GrabFood delivery-partner to earn an… Continue reading Grab Files Annual Report on Form 20-F for Fiscal Year 2024
Author: Grab Taxi Official News
Grab Partners with Autonomous Technology Companies to Assess Impact of Autonomous Vehicles in Southeast Asia
New Memoranda of Understanding with Autonomous A2Z, Motional, WeRide and Zelos to evaluate the safety, commercial sustainability, and job creation potential of autonomous vehicles 10 March 2025 – Grab, Southeast Asia’s leading superapp, today announced the signing of new Memoranda of Understanding (MoUs) with four prominent autonomous technology companies: Autonomous A2Z, Motional, WeRide and Zelos.… Continue reading Grab Partners with Autonomous Technology Companies to Assess Impact of Autonomous Vehicles in Southeast Asia
Grab Officially Recognises NDCA and NPHVA to represent Platform Workers
This formal recognition is a direct follow up from the Memorandum of Understanding (MOU) signed in 2023 between NDCA, NPHVA and Grab to better support Grab’s delivery and driver partners through training programmes, facilitating structured dialogues, and enhancing their representation Singapore, 7 March 2025 – The National Delivery Champions Association (NDCA) and the National Private… Continue reading Grab Officially Recognises NDCA and NPHVA to represent Platform Workers
Grab Teams Up with Sentosa Development Corporation to Improve Transport Accessibility for Visitors
Singapore, 4 March 2025 – Grab Singapore and Sentosa Development Corporation (SDC) today announced transport initiatives to enhance connectivity to and from Sentosa island. This announcement marks the beginning of a new three-year partnership between the two organisations, focused on improving accessibility and convenience for visitors. As part of the collaboration, Grab will sponsor peak-hour… Continue reading Grab Teams Up with Sentosa Development Corporation to Improve Transport Accessibility for Visitors
Grab Reports Fourth Quarter and Full Year 2024 Results
Q4 2024 Revenue grew 17% year-over-year (“YoY”), or 15% on a constant currency basis to $764 million Q4 2024 On-Demand GMV grew 20% YoY, or 19% on a constant currency basis to $5.0 billion Q4 2024 Profit for the quarter was $11 million Q4 2024 Adjusted EBITDA improved by $61 million YoY to an all-time… Continue reading Grab Reports Fourth Quarter and Full Year 2024 Results
UNL and GrabMaps Partner to Deliver Next-Generation Location Solutions for Southeast Asia
This collaboration will empower Southeast Asian businesses and developers to enhance their hyperlocal location services and applications by utilising GrabMaps’ comprehensive location data alongside UNL’s pixel-based mapping and location technology. Singapore, January 3 2025 – UNL Global, a Singapore-based next generation micro-location database and mapping technology company, today announced its partnership with GrabMaps. This will… Continue reading UNL and GrabMaps Partner to Deliver Next-Generation Location Solutions for Southeast Asia
Grab and BYD enter strategic partnership to expand electric vehicle fleet offering across Southeast Asia
James Ng General Manager of Singapore & Philippines, Eagle Zhao General Manager of Malaysia & Indonesia, Benson Ke General Manager of Thailand, Liu Xueliang, BYD Asia-Pacific Auto Sales Division – General Manager, He Zhiqi, Executive Vice President Chuck Kim Managing Director, Group Business Development & Capital Markets of Grab, Joshua Chiang Regional Head (Automotive &… Continue reading Grab and BYD enter strategic partnership to expand electric vehicle fleet offering across Southeast Asia
Grab Singapore Partners London School of Business & Finance to Offer Tertiary Education Programmes for Platform Workers and their loved ones
Grab partners and their loved ones are offered five Diploma programmes, three Degree programmes as well as English language preparatory courses. 3 in 5 Grab partners are keen to pursue a Diploma or Degree Grab partners and their loved ones benefit from exclusive admission requirements, and enjoy additional perks including free trial classes to select… Continue reading Grab Singapore Partners London School of Business & Finance to Offer Tertiary Education Programmes for Platform Workers and their loved ones
GroupM and GrabAds Unlock the Power of Geo-Based Audience Data in an Industry-First Partnership
The partnership will leverage GrabAds’ retail media ecosystem, including providing GroupM and its clients access to geo-based audience insights across Southeast Asia SINGAPORE, 10 DECEMBER 2024 – GrabAds, the advertising arm of leading superapp Grab, will expand its strategic partnership with GroupM, WPP’s media investment group, to help the latter’s clients unlock the power of… Continue reading GroupM and GrabAds Unlock the Power of Geo-Based Audience Data in an Industry-First Partnership
Grab Reports Third Quarter 2024 Results
Revenue grew 17% year-over-year, or 20% on a constant currency basis to $716 million On-Demand GMV grew 15% year-over-year, or 18% on a constant currency basis to $4.7 billion Profit for the quarter was positive at $15 million Adjusted EBITDA improved by $62 million year-over-year to an all-time high of $90 million Operating cash flow… Continue reading Grab Reports Third Quarter 2024 Results