Ride-Hailing & Food Delivery App Grab Slashes 1,000 Jobs
According to Grab CEO Anthony Tan, the move is to manage costs and remain competitive in a challenging business environment, reports Nikkei Asia.
Jun 21, 2023, 10:03 AM IST
Grab to invest $2 billion in Indonesia using funds from SoftBank
The investment will go toward creating a next-generation transportation network and transforming how critical services, like healthcare, are delivered, Grab said in a statement.
Jul 29, 2019, 13:03 PM IST
Grab invests $100 million in Indian hotel startup OYO
Grab, known as the Uber of Southeast Asia, was valued at around $11 billion at its last funding round in August.
Dec 03, 2018, 16:16 PM IST
Uber exits SE Asia in new retreat from global markets
Grab has long been the dominant force in ride-hailing in Southeast Asia and speculation mounted that a deal with Uber was on the cards after Japanese financial titan Softbank invested huge sums in the US firm.
Mar 26, 2018, 10:01 AM IST
Grab, Uber's SEAsia rival, to raise $2.5 billion from Didi, SoftBank, others
Grab expects to raise an additional $500 million, bringing the total to $2.5 billion in this round, which it said would be the largest-ever single financing in Southeast Asia.
Jul 24, 2017, 10:37 AM IST
Uber rival Grab partners with driverless car firm in Singapore
Users of ride-hailing firm Grab will be able to book driverless cars from Friday as it partners with a start-up testing the technology in Singapore, just days after rival Uber debuted its self-driving vehicles in the United States.
Sep 23, 2016, 12:12 PM IST
Food delivery: Zomato buys stake in Grab and Pickingo
Zomato is also set to launch online ordering service in Dubai, Australia and South Africa later this month.
Sep 02, 2015, 10:48 AM IST
