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
Author: Grab Taxi Official News
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
Loqate partners with GrabMaps to enhance location data capabilities in Southeast Asia
The partnership accelerates Loqate’s expansion in Southeast Asia and enables businesses to improve data accuracy, ensure delivery success and provide exceptional customer experience with GrabMaps’ extensive location data Singapore, October 29, 2024 – Loqate, a GBG solution, the leader in global address verification, today announced a strategic partnership with GrabMaps. This collaboration will see Loqate integrating… Continue reading Loqate partners with GrabMaps to enhance location data capabilities in Southeast Asia
Grab Commits S$4 Million Yearly to Upgraded GrabBenefits 2.0 Partner Welfare Programme in Singapore
GrabBenefits 2.0 is a comprehensive benefits programme that addresses top concerns of platform workers. GrabBenefits 2.0 provides more comprehensive benefits for platform workers, complementing the Platform Workers 2024 Act Expanded benefits include subsidised medical services, access to telemedicine services, and complimentary preventive health and wellness services Grab extends partnership with NTUC with 6-month sponsorship of… Continue reading Grab Commits S$4 Million Yearly to Upgraded GrabBenefits 2.0 Partner Welfare Programme in Singapore
Grab Reports Second Quarter 2024 Results
Revenue grew 17% year-over-year, or 23% on a constant currency basis to $664 million On-Demand GMV grew 13% year-over-year, or 18% on a constant currency basis to $4.4 billion Operating Loss improved by $121 million year-over-year to $(56) million Adjusted EBITDA improved by $81 million year-over-year to $64 million SINGAPORE, August 15, 2024 – Grab… Continue reading Grab Reports Second Quarter 2024 Results
Grab’s “Delivering Tengah!” Project to Support Amenities Development in New Tengah HDB Town
The community development initiative seeks to improve access to everyday services and help residents better navigate the new town. Advisor to Hong Kah North Grassroots Organisations Dr Amy Khor participated in Grab’s AI mapping exercise Grab has mapped over 10km of roads and footpaths and over 160 points of interest in Tengah new town Tengah… Continue reading Grab’s “Delivering Tengah!” Project to Support Amenities Development in New Tengah HDB Town
Grab and OpenAI announce strategic collaboration, first of its kind in Southeast Asia
Companies to partner to design and deliver enhanced experiences for Grab users, partners and employees using state-of-the-art AI capabilities Singapore, May 30, 2024 – Grab, a leading superapp in Southeast Asia, and OpenAI today announced they will collaborate to build and deploy advanced AI solutions that enrich the Grab experience for users, partners, and employees. … Continue reading Grab and OpenAI announce strategic collaboration, first of its kind in Southeast Asia
Grab Reports First Quarter 2024 Results
Revenue grew 24% year-over-year, or 29% on a constant currency basis to $653 million On-Demand GMV grew 18% year-over-year, or 21% on a constant currency basis to $4.2 billion Operating Loss improved by $129 million year-over-year to $(75) million Adjusted EBITDA improved by $129 million year-over-year to an all-time high of $62 million 2024 Adjusted… Continue reading Grab Reports First Quarter 2024 Results