Partnership aims to contribute to building a local talent pool to fulfill growing manpower demands in the security sector SINGAPORE, 16 February 2022 – Grab, a leading superapp in Southeast Asia, and Secura Group Limited (新保安集团有限公司) (“Secura” or the “Company” and together with its subsidiaries, the “Group”), one of the leading providers of security products,… Continue reading Grab and Secura partner to offer security training courses and job opportunities in security services for up to 200 driver- and delivery-partners
Author: Grab Taxi Official News
Grab Completes Acquisition of Stake in Jaya Grocer
Grab, Southeast Asia’s leading superapp, has completed its acquisition of a majority stake in Jaya Grocer, a leading mass-premium supermarket chain in Malaysia. The two companies plan to work together to bring the convenience of on-demand grocery delivery to more consumers in Malaysia. Partnership expected to accelerate the growth of GrabMart and provide consumers with… Continue reading Grab Completes Acquisition of Stake in Jaya Grocer
Grab expands on-demand gifting capability beyond local borders to over 100 Southeast Asian cities
Grab users can now send gifts on-demand to their loved ones in Indonesia, Malaysia, Myanmar, the Philippines, Singapore and Thailand with the platform’s new cross-border gifting capabilities. Users can now send vouchers and gifts to loved ones in over 100 Southeast Asian cities, on-demand Introduces a revamped GrabGifts interface and brand new 100+ Cities Delivery… Continue reading Grab expands on-demand gifting capability beyond local borders to over 100 Southeast Asian cities
Grab Reports Third Quarter 2021 Results
Gross Merchandise Value (“GMV”) reached a new quarterly record of $4.0 billion, up 32% year-over-year (“YoY”) in spite of a challenging operating environment Deliveries GMV grew 63% YoY; Grab expects a strong recovery in mobility heading into Q4 2021 Average spend per user [1] on Grab’s platform grew 43% YoY to hit a record high… Continue reading Grab Reports Third Quarter 2021 Results
Grab Financial Group expands ‘Grow with Grab’ initiative to empower SMBs to ride the e-commerce wave in Southeast Asia
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
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.