News
Singapore’s Grab reports revenue risen <95% of pre-COVID-19 levels
Singapore’s Grab third-quarter revenue had risen to more than 95% of pre-COVID-19 levels, reflecting increased demand for food delivery. Read more…
Grab
News
Grab in advanced talks to raise $300-500 mn for its financial services unit
Southeast Asia’s Grab is in advanced talks with companies as it seeks $300-500 million in investment for its financial services unit. Read more…
News
Grab to offer consumer loans and wealth management in Singapore
Grab says it will offer consumer loans services in Singapore and roll-out wealth management products in the fast-growing but crowded sector. Read more…
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…
News
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…
News
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…
News
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…
News
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…
News
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…