News
Indonesia’s anti-trust watchdog fines Grab more than $3 million
Indonesia’s anti-trust watchdog fines Grab and business partner more than $3 million after finding it guilty of breaking anti-monopoly laws. Read more…
Grab
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No surprise – Grab puts Wirecard partnership on hold
No surprise that Southeast Asian ride-hailing and payments company Grab says it has put a partnership with scandal-hit Wirecard on hold. Read more…
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China’s Ping An Good Doctor to hire hundreds of doctors in Indonesia
China’s Ping An Good Doctor said its healthcare venture with Grab plans to hire hundreds of doctors in Indonesia for online consultations. Read more…
Off the Wire
Grab acquires robo-advisory wealth management startup Bento
Grab acquires Bento, allowing it to offer retail wealth management solutions to users, driver-partners and merchant-partners, via the Grab app. Read more…
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Grab and Singtel team up for digital banking licence in Singapore
Grab Holdings and Singtel are forming a consortium to apply for a digital full bank licence in Singapore. Read more…
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Grab introduces first numberless card for increased security
Grab has announced the launch of GrabPay Card, Asia’s first numberless card that the company claims offers users unparalleled card security Read more…
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Malaysia’s competition regulator wants to fine Grab $20.5m
Malaysia’s competition regulator has proposed a fine of over 86 million ringgit ($20.5 million) on ride-hailing firm Grab for violating competition law. Read more…
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Grab ups the ante in on-going battle with Gojek
Grab is in talks to merge OVO, an Indonesian digital payments firm, with an Ant Financial-backed local peer to build heft and power ahead of archrival Gojek. Read more…
News
Ride-hailing firm Grab plans major investment in Vietnam
Singapore-based ride-hailing firm Grab is set to invest “several hundred million dollars” in Vietnam where the company sees its next major growth market. Read more…
Off the Wire
Grab helps Indonesia to be largest digital economy in SE Asia
Grab will invest US$2 billion into Indonesia with the capital invested by SoftBank, to accelerate the development of the country’s digital infrastructure. Read more…