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.
Future Economy Advisory Panel kicks off first meeting
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Both parties have withdrawn their application from the CCCS.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.
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 co-founder Tan Hooi Ling to step down from operating roles
She will be transitioning into an advisory role.
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