Grab today announced a holistic support programme comprising various new and enhanced initiatives to provide stronger support for driver-partners in sustaining a livelihood on the Grab platform. Initiatives aimed at alleviating immediate financial strain faced by driver-partners during this period of tightened measures, and sustainably improving their earnings from a long term view Support initiatives… Continue reading Grab Introduces Holistic Support Programme for Driver-Partners
Author: Grab Taxi Official News
Grab Closes US$2 Billion Term Loan Facility
Grab announced today the successful close of its first senior secured term loan facility, after securing commitments from international institutional investors. SINGAPORE, 1 February 2021 – Grab announced today the successful close of its first senior secured term loan facility, after securing commitments from international institutional investors. The facility is structured as a five year… Continue reading Grab Closes US$2 Billion Term Loan Facility
Grab launches GrabAssist Plus, expanding its suite of transport services for persons with disabilities in Singapore
GrabAssist Plus allows persons with disabilities to travel to and from partnering healthcare institutions without dismounting from their wheelchairs throughout the journey GrabAssist Plus allows persons with disabilities to travel to and from partnering healthcare institutions without dismounting from their wheelchairs throughout the journey To go live on 8 February, the new service offers an… Continue reading Grab launches GrabAssist Plus, expanding its suite of transport services for persons with disabilities in Singapore
Grab Financial Group’s fintech leadership recognised in Series A funding round of over US$300 million
Grab Financial Group announced today it has raised over US$300 million in its Series A funding round, led by Hanwha Asset Management. Other investors in the round include K3 Ventures, GGV Capital, Arbor Ventures, and Flourish Ventures. First Series A fundraising, led by Hanwha Asset Management, aimed at further accelerating access to financial services for… Continue reading Grab Financial Group’s fintech leadership recognised in Series A funding round of over US$300 million
GrabMart Enhances On-Demand Retail Experience with Popular Brands and Refreshed Design
Grab, the everyday lifestyle app, today announced an expansion of its product offerings and a new look on GrabMart – its on-demand essentials delivery service. Featuring over 1,500 merchants, including recently onboarded large chain retailers such as innisfree, The Body Shop, Times Bookstores, Unity and Watsons Refreshed app interface to enhance consumers’ in-app shopping and discovery experiences… Continue reading GrabMart Enhances On-Demand Retail Experience with Popular Brands and Refreshed Design
Grab and Unilever establish wide-ranging partnership to support lives and livelihoods in Southeast Asia through COVID-19
Grab and Unilever today announced an extensive partnership in Southeast Asia to protect Grab drivers and riders as well as support the livelihoods of small business owners as they weather the impact of the COVID-19 pandemic. Through GrabProtect, Unilever’s sanitation and hygiene products will support in-vehicle cleaning and personal hygiene to help protect Grab commuters… Continue reading Grab and Unilever establish wide-ranging partnership to support lives and livelihoods in Southeast Asia through COVID-19
Grab Financial Group Expands Suite of Products Under ‘Thrive with Grab’ Strategy
Grab Financial Group expands consumer ecosystem with new financial products and services. including the first micro-investment solution, third-party loan platform and ‘buy-now-pay-later’ products for e-commerce websites. Grab Financial Group launches first micro-investment solution, third-party loan platform and ‘buy-now-pay-later’ products for e-commerce websites New offerings are part of the company’s new ‘Thrive with Grab’ strategy Products… Continue reading Grab Financial Group Expands Suite of Products Under ‘Thrive with Grab’ Strategy
Grab Hires Peter Oey as Chief Financial Officer
Grab, Southeast’s Asia’s leading super app, announced today that it has strengthened its finance division by hiring corporate finance veteran, Peter Oey, as Chief Financial Officer. SINGAPORE – April 1, 2020 – Grab Holdings Inc. (“Grab”), Southeast’s Asia’s leading super app, announced today that it has strengthened its finance division by hiring corporate finance veteran, Peter… Continue reading Grab Hires Peter Oey as Chief Financial Officer
Grab Collaborates with IMDA to pilot Grab Ventures Ignite in Singapore
Singapore, 17 March 2020 — Grab, Southeast Asia’s leading super app, and the Infocomm Media Development Authority (IMDA) today announced a partnership to pilot Grab Ventures Ignite (GVI), a 14-week accelerator programme, for Singapore-based startups with interest to venture overseas. The Singapore pilot of GVI will focus on high potential startups with an aspiration to… Continue reading Grab Collaborates with IMDA to pilot Grab Ventures Ignite in Singapore
Grab raises over US$850 million from Japanese investors
Grab has announced today an investment of over US$850 million from Japanese investors, including Mitsubishi UFJ Financial Group Inc. and TIS Inc., that will go toward creating accessible and affordable financial services for Southeast Asia in order to boost financial inclusion in the region. Grab, Southeast Asia’s leading super app, has announced today an investment… Continue reading Grab raises over US$850 million from Japanese investors