Grab has been recognised for its enterprise service, GrabMaps, in the Asia-Pacific category. Singapore, March 3, 2023: Grab, Southeast Asia’s leading superapp, has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2023. Featured alongside companies which are setting the standard with some of the greatest accomplishments of the… Continue reading Grab makes ‘World’s Most Innovative Companies’ by Fast Company for 2023
Author: Grab Taxi Official News
Grab Reports Fourth Quarter and Full Year 2022 Results
Q4 2022 Revenue grew 310% year-over-year to $502 million, and 2022 Revenue grew by 112% year-over-year to $1,433 million[1] Q4 2022 GMV grew 11% year-over-year to $5.0 billion, and 2022 GMV grew by 24% year-over-year to $19.9 billion Q4 2022 Loss for the period improved by 64% year-over-year to $391 million, with 2022 Loss for… Continue reading Grab Reports Fourth Quarter and Full Year 2022 Results
GrabMaps to power location-based services for AWS customers in Southeast Asia
Singapore, February 9, 2023: Grab, Southeast Asia’s leading superapp, today announced GrabMaps has become a data provider for Amazon Location Service, an Amazon Web Services (AWS) location-based service that is designed to help developers easily and securely add maps, points of interest, geocoding, routing, tracking, and geofencing to their applications. AWS customers, leveraging Amazon Location… Continue reading GrabMaps to power location-based services for AWS customers in Southeast Asia
Grab appoints Philipp Kandal as Chief Product Officer
Singapore, January 30, 2023: Grab Holdings Limited (NASDAQ: GRAB), Southeast Asia’s leading superapp, today announced that it has promoted Philipp Kandal to Chief Product Officer, effective February 1, 2023. He will oversee the Product, Design and Analytics teams and lead the product vision and strategy for Grab. As Chief Product Officer, Philipp will lead teams… Continue reading Grab appoints Philipp Kandal as Chief Product Officer
Grab Reports Third Quarter 2022 Results
Q3 record Revenue of $382 million, up 143% year-over-year Q3 GMV of $5.1 billion, up 26% year-over-year Q3 Loss of $342 million, a 65% improvement year-over-year Achieved segment adjusted EBITDA breakeven for overall Deliveries and Core Food Deliveries Revised FY2022 revenue guidance to $1.32 billion – $1.35 billion, up from $1.25 billion – $1.30 billion… Continue reading Grab Reports Third Quarter 2022 Results
StraitsX and Grab pilot use of Purpose Bound Money during Singapore Fintech Festival 2022
StraitsX, a part of Southeast Asia Digital Financial Services Group, Fazz, and Grab, a leading superapp in Southeast Asia, today announced they will be testing the issuance of Purpose Bound Money (PBM)[1] in the form of commercial digital vouchers during the Singapore Fintech Festival (SFF) 2022. The collaboration will contribute towards an innovative, interoperable, and inclusive… Continue reading StraitsX and Grab pilot use of Purpose Bound Money during Singapore Fintech Festival 2022
Mastercard and Grab Launch “Small Business, Big Dreams” Program to Boost Entrepreneurship in Southeast Asia
Mastercard and Grab, Southeast Asia’s leading superapp, today announced the “Small Business, Big Dreams” regional program to digitally upskill gig economy workers and small businesses in Indonesia, the Philippines, and Vietnam. Program includes the launch of two online business courses to support small business growth, and aspiring entrepreneurs to start their very first business Courses… Continue reading Mastercard and Grab Launch “Small Business, Big Dreams” Program to Boost Entrepreneurship in Southeast Asia
Grab Singapore Announces Top Local Shuttler Loh Kean Yew as First-Ever Brand Ambassador
Grab Singapore, a leading superapp in Southeast Asia, today announced that it will be working with Singapore’s first-ever Badminton World Champion Loh Kean Yew, as its first Singapore brand ambassador. SINGAPORE, 29 September 2022 – Grab Singapore, a leading superapp in Southeast Asia, today announced that it will be working with Singapore’s first-ever Badminton World… Continue reading Grab Singapore Announces Top Local Shuttler Loh Kean Yew as First-Ever Brand Ambassador
Grab targets Group Adjusted EBITDA breakeven by H2 2024 as it accelerates path to profitability
Expects revenue to grow by 45%-55% in 2023 on a constant currency basis Details ecosystem-focused strategy at first investor day as it drives to become Southeast Asia’s largest and most efficient on-demand platform for local commerce and mobility Singapore, September 27, 2022 – Grab Holdings Limited (NASDAQ: GRAB) announced today at its first Investor Day… Continue reading Grab targets Group Adjusted EBITDA breakeven by H2 2024 as it accelerates path to profitability
Grab and Sembcorp Industries unveil solar panels for SATA CommHealth
Grab Singapore and Sembcorp Industries today announced that they have installed 182 solar panels on the rooftop of SATA CommHealth Headquarters. The solar panels are made possible by Grab’s Green Programme, which was first announced in July 2021. Singapore, 23 September 2022 – Grab Singapore and Sembcorp Industries today announced that they have installed 182… Continue reading Grab and Sembcorp Industries unveil solar panels for SATA CommHealth