Tan will be transitioning into an advisory role with Grab moving forward. SINGAPORE, May 25, 2023 — Grab Holdings Limited (NASDAQ: GRAB) today announced that Tan Hooi Ling has informed its board of directors of her intention to step down from her operating roles at Grab, including her directorship, by the end of 2023. Tan… Continue reading Grab co-founder Tan Hooi Ling to step down from official Grab positions by year end
Author: Grab Taxi Official News
Grab Reports First Quarter 2023 Results
Q1 2023 Revenue grew 130% year-over-year to $525 million[1] Q1 2023 Loss for the period improved by 43% year-over-year to $250 million Q1 2023 Adjusted EBITDA improved by 77% year-over-year to $(66) million, with Deliveries Segment Adjusted EBITDA margins at an all time high SINGAPORE, May 18, 2023 – Grab Holdings Limited (NASDAQ: GRAB) today… Continue reading Grab Reports First Quarter 2023 Results
Travel Southeast Asia with Ease: Grab launches new features and tie-ups to welcome travellers back to the region
Grab announced new in-app travel innovations and partnerships to give travellers a safe, seamless and hyperlocal experience as Southeast Asia embraces a travel comeback SINGAPORE, April 17, 2023: Grab, Southeast Asia’s leading superapp, today announced new in-app travel innovations and partnerships to give travellers a safe, seamless and hyperlocal experience as Southeast Asia embraces a… Continue reading Travel Southeast Asia with Ease: Grab launches new features and tie-ups to welcome travellers back to the region
Grab adds AudioProtect to its suite of safety features
The feature will be rolled out progressively as part of a trial approved by the Land Transport Authority (LTA), starting 21st March Singapore, 14 March 2023 – Grab today announced the pilot of its latest safety feature, AudioProtect, in line with its ongoing commitment to keep raising the bar on safety standards in the ride-hailing… Continue reading Grab adds AudioProtect to its suite of safety features
Grab makes ‘World’s Most Innovative Companies’ by Fast Company for 2023
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
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