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 bounces back with US$11m profit in 4Q23

In 3Q23, the company recorded a loss of US$391m ($524.8m).
20 hours ago

Grab bounces back with US$11m profit in 4Q23

In 3Q23, the company recorded a loss of US$391m ($524.8m).
20 hours ago

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.

Competition commission seeks feedback on Grab's proposed Trans-cab acquisition

The public may submit their feedback until 25 August at 5 pm.

Grab lays off 1,000 jobs: report

This represents 11% of its workforce.

Grab's revenue more than doubles to $525m in Q1

The company's loss for the period recovered 43% YoY to $250m.

Grab introduces new features to welcome travellers back to SEA

The superapp also partnered with other apps to give options for accessing its ride-hailing services.

Grab changes MP Pei Ling’s role in the company amidst debate on her appointment

The MP was earlier appointed as Grab’s Director of Public Affairs & Policy. 

Grab Singapore appoints MP Pei Ling Tin

She will serve as the Director of Public Affairs & Policy. 

Grab names Philipp Kandal as new Chief Product Officer

He will lead the product vision and strategy for Grab.

Chart of the Day: Grab food delivery outperformed ASEAN peers in GMW growth

It sustained growth consecutively in the past three years.

Grab will have sufficient time to prepare for benefits of gig workers

The government approved recommendations to provide insurance to workers.