SINGAPORE, 21 Oct 2021 – Grab Financial Group (GFG), a leading Southeast Asian fintech platform, today announced the expansion of its ‘Grow with Grab’ suite of products and features to empower small and medium businesses (SMBs) across Southeast Asia to tap on the regional e-commerce market opportunity that is expected to be valued at US$172… Continue reading Grab Financial Group expands ‘Grow with Grab’ initiative to empower SMBs to ride the e-commerce wave in Southeast Asia
Author: Grab Taxi Official News
Grab Partners Citi to Enable Seamless Conversion of Citi ThankYou Points and Citi Miles to GrabRewards Points, Creating Greater Value for Consumers
Grab and Citi are providing Citi cardmembers in Singapore with more options to maximise the value of their Citi ThankYou Points or Citi Miles. New tie-up offers Citi credit card customers greater flexibility and convenience in redeeming Citi ThankYou Points or Citi Miles for GrabRewards points SINGAPORE, 20 October 2021 – Grab, a leading superapp… Continue reading Grab Partners Citi to Enable Seamless Conversion of Citi ThankYou Points and Citi Miles to GrabRewards Points, Creating Greater Value for Consumers
Grab Partners APSN to Provide Training and Employment Opportunities to Students with Special Needs
Grab to partner with APSN’s post-secondary special education school, APSN Delta Senior School, to ready its students with mild intellectual disability (MID) with adequate skills to succeed in the food delivery sector (left) Stanley Tang, Chief Executive Officer, APSN and (right) Ngiam Xin Wei, Managing Director for Deliveries, Grab Singapore at the MOU signing ceremony… Continue reading Grab Partners APSN to Provide Training and Employment Opportunities to Students with Special Needs
Grab Reports Second Quarter 2021 Results
Gross Merchandise Value reached an all-time high of $3.9 billion, up 62% year-over-year Adjusted Net Sales reached a new quarterly record of $550 million, increasing 92% year-over-year Revenue grew to $180 million, up 132% year-over-year Deliveries continues to outperform with 68% year-over-year growth in Adjusted Net Sales New report by NielsenIQ finds Grab [1] to… Continue reading Grab Reports Second Quarter 2021 Results
Online food delivery spend to more than triple in Southeast Asia by 2025
Grab has released its 2021 Food Delivery Industry Overview report in partnership with Euromonitor International. The report was based on research completed in Q2 2021 and seeks to provide an in-depth view into the food delivery industry over the next five years, including Southeast Asian consumers’ appetite for food delivery services post-COVID-19. Food delivery transactions… Continue reading Online food delivery spend to more than triple in Southeast Asia by 2025
Grab Announces Strong First Quarter 2021 Results as Company Progresses Towards U.S. Public Listing in Partnership with Altimeter Growth Corp.
Q1 2021 Adjusted Net Sales reached an all-time high of $507 million and grew 39% year on year. Revenue presented in accordance with IFRS was $216 million, also a record for Grab Quarterly Adjusted EBITDA improved by $233 million year on year to $(111) million Grab has filed a registration statement on Form F-4 with… Continue reading Grab Announces Strong First Quarter 2021 Results as Company Progresses Towards U.S. Public Listing in Partnership with Altimeter Growth Corp.
Hyundai Motor Group Deepens Partnership with Grab to Accelerate EV Adoption in Southeast Asia
Hyundai Motor Group and Grab Holdings Inc. (Grab) today announced an enhancement of their ongoing strategic partnership in mobility services. Hyundai Motor Group and Grab have expanded their partnership to accelerate adoption of electric vehicles (EVs) in Southeast Asia Both parties to explore launching new EV business models including battery-as-a-service and EV financing to drive… Continue reading Hyundai Motor Group Deepens Partnership with Grab to Accelerate EV Adoption in Southeast Asia
Grab Releases First ESG Report; Announces Initiatives to Reduce Carbon Footprint
New carbon reduction measures include a carbon offset feature for ride-hailing services, and expanded EV partnership with Hyundai Motor Group First ESG report outlines the company’s progress to support socioeconomic empowerment and sustainable growth SINGAPORE, 22 June 2021 – Grab, Southeast Asia’s leading superapp, today announced new initiatives that reinforce its commitment to reduce carbon… Continue reading Grab Releases First ESG Report; Announces Initiatives to Reduce Carbon Footprint
Grab unveils new industry training programme for food delivery-partners in Singapore
The programme is jointly developed and launched by Grab, Asian Detours, ComfortDelGro Driving Centre and Ngee Ann Polytechnic It will be available for sign-ups by any delivery-partner in Singapore SINGAPORE, 4 June 2021 – Grab will launch a new food delivery sector-focused training programme this July. Jointly developed by Grab, Asian Detours (AD), ComfortDelGro Driving… Continue reading Grab unveils new industry training programme for food delivery-partners in Singapore
GrabSupermarket Launches in Singapore, to Offer over 10,000 Products with Next-Day Delivery
Grab today announced the launch of GrabSupermarket in Singapore, as part of its strategic expansion of GrabMart, Grab’s on-demand everyday goods delivery service. Grab will partner with HAO, one of the fastest growing supermarket chains in Singapore, to offer consumers over 10,000 products with next-day delivery. This partnership aims to meet a rapidly growing market… Continue reading GrabSupermarket Launches in Singapore, to Offer over 10,000 Products with Next-Day Delivery