Grab targets US$2 billion more in funding this year

GRAB aims to raise another US$2 billion this year as it ramps up expansion, its chief executive said, just weeks after announcing over US$4.5 billion of funding in what has become South-east Asia'...



Grab eyes additional US$2b funding this year: CEO

[SINGAPORE] Grab expects to raise another US$2 billion from strategic investors this year, the CEO of South-east Asia's biggest ride-hailing firm said, just weeks after it announced funding of...

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Yee Wee Tang heads Grab Singapore as Lim Kell Jay spearheads growth of GrabFood Singapore

GRAB'S Yee Wee Tang has assumed the role of country head of Grab Singapore from April 1, the technology company said on Friday. Mr Yee will oversee the business strategy and operations of Grab’s...

Uber's $6.58m fine suspended amid appeal

The $6.58 million fine levied against ride-hailing giant Uber for its merger with former rival Grab last year has been suspended pending its appeal, which will be heard later this year.



Grab's headcount to hit 3,000 by next year

Ride-hailing firm Grab will see its headcount double to about 3,000 when it opens its new $181.21 million headquarters in the one-north business district by the end of next year.

Jakarta move to fix motorbike ride-hailing rates may hurt Grab, Go-Jek

INDONESIAN authorities mandated on Monday that ride-hailing motorcycle service providers will only be able to charge rates within a fixed band, a move that could put hurdles in the expansion plans of...

Grab woos small businesses with suite of financial services

GRAB is stepping up its efforts to court micro-entrepreneurs and small and medium enterprises (SMEs). On Tuesday, the firm launched a slew of financial services targeted at businesses, including an...