grab

Hotelier grandson of Asia's sugar king turns venture capitalist

[SINGAPORE] As a 17-year-old trainee bellboy, Kuok Meng Xiong spent a summer opening doors at his family's Island Shangri-La hotel in Hong Kong.

Gojek adds US$1.2b to war chest, but CEOs warn of tough times ahead

JUST three weeks after talk surfaced of a potential merger between ride-hailing giants Grab and Gojek, Indonesia-based Gojek is again in the spotlight after raising an additional US$1.2 billion in...

MUFG-Grab deal shows Japanese banks' growing interest in S-E Asia: Fitch

FITCH Ratings on Thursday said Mitsubishi UFJ Financial Group's (MUFG) US$706 million...

Citi high-flyer to steer Grab on its digital bank path

FORMER Citibank Singapore's head of retail banking Charles Wong is due to join the Grab-Singtel entity bidding for a digital full bank in Singapore, BT understands.

How ride will Grab-Gojek merger be?

THE ride-hailing sector is abuzz with merger talks between Grab and Gojek. Will it be a merger or a takeover? Who's the acquirer and who's the target?

Grab raises US$850m to expand into financial services

[SINGAPORE] Grab, Southeast Asia's most valuable startup, raised more than US$850 million from Japan's Mitsubishi UFJ Financial Group and TIS to bankroll its expansion into financial services in...

Grab drops cash advance scheme for drivers and riders

Grab has dropped a programme offering cash advances to its drivers and riders, about three months after the Ministry of Law said it was looking into the initiative.

Grab drops cash advance scheme for its drivers and riders

SINGAPORE - Grab has dropped a programme offering cash advances to its drivers and riders, about three months after the Ministry of Law said it was looking into the initiative.

Grab reinstates incentives scheme after backlash from drivers

GRAB has reinstated its incentives programme for drivers after complaints that its move to replace the scheme with a Covid-19 aid package was unfair.

Grab, Chubb offer free Covid-19 insurance benefit to drivers, delivery workers

RIDE-HAILING giant Grab and insurer Chubb are teaming up to provide drivers and food delivery service providers with a free insurance benefit, effective Wednesday until March 19.

Grab, German start-up to explore use of air taxis

Ride-hailing firm Grab and German air mobility start-up Volocopter will conduct a joint feasibility study to explore the prospect of offering airborne rides in South-east Asia.