Grab
Grab is a tech company which offers services like deliveries, mobility, financial services, and more in their namesake super app.
See below for the Latest Grab News, Analysis, Profit Results, Share Price Information, and Commentary.
Grab partners with BYD to expand EV fleet across Southeast Asia
Grab partners with BYD to expand EV fleet across Southeast Asia
The partnership aims to accelerate EV adoption in the region.
5 days ago
Grab swings back to black with US$15m profit in Q3 2024
In Q3 2023, it posted a US$99m loss.
S'pore consumers plan to shop in holiday sales period
Nearly a quarter plan to shop via TikTok Shop, followed by other apps like Amazon and Grab.
Future Economy Advisory Panel kicks off first meeting
Senior executives from DBS, Grab, and Microsoft Asia are part of the panel.
Grab cuts losses by 54% to $68m in Q2 as adjusted EBITDA turns positive
Adjusted EBITA for the period rose to $64m.
Grab and Trans-cab deal called off
Both parties have withdrawn their application from the CCCS.
Grab narrows 1Q24 losses by 54% YoY, boosts FY24 earnings outlook
Loss for the period was US$115m.
Grab axes GrabPay card after adoption review
The discontinuation bears no impact on a user’s GrabPay wallet balance.
Grab board welcomes KakaoBank and Centurion execs
The company now has seven board members.
GrabAds rolls out Marketing Manager platform on mobile
It will have an exclusive "spotlight campaigns" feature.
Grab tests feature matching women drivers with female passengers
The feature is amongst the initiatives under Grab’s Women Programme.
Grab bounces back with US$11m profit in 4Q23
In 3Q23, the company recorded a loss of US$391m ($524.8m).
CCCS begins in-depth review of Grab’s proposed acquisition of Trans-cab
The review ensures that the acquisition will not raise competition concerns.
Grab, Singtel-backed GXBank launches full operations in Malaysia
The digital bank intends to roll out its own debit card in the coming months.
Grab cuts losses by 71% in Q323
Loss for the quarter narrowed to $99m.
Grab Rentals’ acquisition of Trans-cab still under review - CCCS
The acquisition has not been cleared of competition concerns.
Grab cuts losses to $148m in 2Q23
The figure translates to a 74% YoY improvement.
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Commentary
Adapting to changing consumer needs in an evolving property market