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Grab to lean on scale, AI to navigate rising fuel costs, CEO saysThe Singapore-based company earlier this year expanded outside Southeast Asia for the first time when it purchased Delivery Hero's Foodpan...- Grab to buy Delivery Hero's Foodpanda Taiwan business for $600 millionThe Taiwan purchase gives the Singapore-based company a sizeable delivery foothold beyond Southeast Asia in its pursuit of a broader expa...
- Singapore's Grab to invest $60 million in remote driving firm VayGrab Holdings will invest $60 million in remote driving firm Vay Technology, the Singaporean firm said on Monday, sending its shares up mor...
- Grab cofounder Tan Hooi Ling to exit her operational rolesTan Hooi Ling, 39, will also give up her seat on the board, though she will remain an adviser to the company, according to an internal memo...
- Grab to implement cost cuts, cites uncertain macroeconomic situation: CEOThe measures include a freeze on most hirings, salary freezes for senior managers and cuts in travel and expense budgets, according to the ...
- Singapore’s Grab shows revival signs as sales top estimatesGrab's revenue climbed to $321 million in the second quarter beating the $273.1 million average of analysts’ estimates.
- Oscar-winning star Kevin Spacey granted bail by UK court on sex assault claimsSpacey was questioned by British police in 2019 about claims by several men that he had assaulted them.
- China intercepted jet in international airspace: Australia PM Anthony AlbaneseChina's defence ministry spokesman Tan Kefei said Tuesday that the Australian P-8A anti-submarine patrol aircraft came near the airspace of...
- Grab slumps in US debut after record SPAC merger dealShares in Grab, Southeast Asia’s biggest ride-hailing and delivery firm, slid more than 20% in their Nasdaq debut following the company’s r...
- Grab's Nasdaq debut to set tone for Southeast Asian tech listingsThe backdoor listing on Nasdaq marks the high point for Singapore’s Grab that began as a ride-hailing app and now operates across 465 citie...
- Grab's Nasdaq debut to test its $40 billion valuation, set roadmap for SPAC hopefulsGRAB-Analysis: Grab's Nasdaq debut to test its $40 billion valuation, set roadmap for SPAC hopefuls
- Singapore's Grab to go public in world's biggest $40 bn SPAC mergerThe merger, the biggest blank-check company deal ever, underscores the frenzy on Wall Street as shell firms have raised $99 billion in the ...
- Singapore's Grab to go public in world's biggest $40 billion SPAC mergerThe merger, the biggest blank-check company deal ever, underscores the frenzy on Wall Street as shell firms have raised $99 billion in the ...
- Son overhauls SoftBank World to showcase CEOs of Microsoft, IBMSoftBank’s startup investments have run into trouble in the past year, with writedowns at WeWork and Uber Technologies Inc. leading to a re...
- SoftBank-backed ride-hailing firm Grab set to announce layoffsThe ride-hailing industry has been battered by the pandemic, with firms from Uber, Lyft in the United States to India's Ola cutting jobs an...
- SoftBank's Son puts Vision Fund's Paytm, Grab, Oyo in spotlightSoftBank Group Corp.’s $100 billion Vision Fund has 82 companies in its portfolio who delve into areas from satellites and autonomous drivi...
- Super Apps, Asia's new innovation, to change cities, economiesWeChat, Grab and Go-Jek are prime examples of a breed of software called the Super App. In the U.S. and Europe, such services are offered s...
- After China, Uber all set to exit another marketUnder terms of the proposed agreement, Grab would buy out Uber’s operations in certain markets in Southeast Asia and Uber will take a stake...
- In latest blow to Uber, Didi said to back Southeast Asia startupThe fund raising round shows that the truce between Didi and Uber in China this week is far from a global accord.
- Uber said to plan boosting India, Southeast Asia resourcesUber's shift is a sign it will not let up in its battle for customers elsewhere in Asia even after reaching a peace deal for China.
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