Grab Holdings
Singaporean technology company
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2025 | GrabCab received a 10-year street-hail operator licence from Singapore's Land Transport Authority, becoming the sixth taxi operator in the country. |
February 27 2025 | Launched 'Green Grab' sustainability initiative in the Philippines, focusing on reducing carbon footprint through electric vehicles and sustainable business practices. |
January 2025 | Established partnership with BYD Auto to provide up to 50,000 electric vehicles to boost EV adoption in Southeast Asia. |
2024 | Grab initiated its expansion into the Latin American market, including Brazil, through its e-commerce platform Shopee, marking its first operations beyond Southeast Asia. |
December 4 2024 | Selected Amazon Web Services (AWS) as preferred cloud provider to support technology development and growth. |
December 4 2024 | Announced partnership with Coca-Cola to expand distribution networks across Southeast Asia. |
November 2024 | Launched GrabFin, offering financial products like insurance, investments, and microloans to enhance financial inclusion. |
November 18 2024 | Grab successfully concluded its Series I funding round, securing $1.5 billion with investments from SoftBank and Microsoft to support expansion and innovation efforts. |
October 25 2024 | Grab implemented a new, stricter privacy policy to safeguard user data and ensure compliance with data privacy regulations across multiple nations. |
September 2024 | Grab launched a driver safety initiative incorporating safe driving training and telematics technology to monitor driver behavior and improve safety. |
August 26 2024 | Grab introduced a new driver incentive program offering cash rewards and perks to motivate drivers and enhance their engagement on the platform. |
July 15 2024 | Announced partnerships with several of Southeast Asia's largest banks to strengthen financial services and promote financial inclusion. |
June 2024 | Grab officially launched Superbank in collaboration with Kakao Bank, Emtek, and Singtel, introducing a digital banking service in Indonesia with various banking services. |
March 2024 | Expanded GrabMart service to additional cities across Southeast Asia to meet growing demand for grocery and food deliveries. |
2023 | Fast Company listed Grab among the most innovative companies in the Asia-Pacific region. |
June 2023 | Announced an 11 percent reduction of workforce. |
August 2022 | Launched digital bank business GXS Bank, owning one of two Digital Full Bank licenses issued by MAS. |
June 2022 | Introduced GrabMaps mapping and location technology for 'hyperlocal' routes in Southeast Asian cities. Also announced a partnership with Coca-Cola to expand distribution networks. |
March 2022 | Announced introduction of GrabFood, GrabPay, GrabGifts, and delivery system at Starbucks in Thailand, Singapore, Malaysia, Indonesia, Vietnam, and the Philippines. |
2021 | The Thai government approved a draft ministerial regulation, allowing Grab to legally operate taxi services with vehicles containing up to seven seats. |
December 2021 | Grab debuted on Nasdaq following a SPAC with Altimeter Growth Corp and acquired Malaysia's Jaya Grocer. |
December 2021 | Grab debuted on Nasdaq following a SPAC with Altimeter Growth Corp. |
November 2021 | Grab partnered with McDonald's in Singapore to integrate GrabExpress, GrabPay, and GrabRewards with the restaurant's online and in-store ordering. The company also acquired Malaysia's Jaya Grocer. |
July 2021 | Grab expanded buy now, pay later deferred payment options through a partnership with Adyen. |
May 2021 | GrabPay formed a partnership with Stripe to include GrabPay Wallet as a payment option. |
March 2021 | Grab partnered with Don Quijote discount store chain to deliver everyday goods like food and cosmetics in Southeast Asia. |
January 2021 | Grab Financial Group raised over $300 million from South Korea's Hanwha Asset Management during its funding round. |
January 2021 | A.S. Watson Group began partnering with Grab to expand in Southeast Asia. |
2020 | A decree was passed in Vietnam to legalise Grab and other ride-hailing platforms. |
December 2020 | Granted digital bank licence from Singapore in partnership with Singtel. |
November 2020 | Launched Tech Center in Jakarta, Indonesia to support micro, small and medium enterprises. |
June 2020 | Retrenched 360 employees (approximately 5% of workforce) across Southeast Asia offices. |
April 2020 | Implemented cost-management measures during COVID-19 pandemic, including 20% management salary cuts and encouraging voluntary no-pay leave. |
February 2020 | Launched GrabCare for healthcare workers in Singapore, providing services to hospitals during pandemic. |
2019 | The Thai government was reported to be taking steps to legalise Grab taxi services. |
2019 | Grab began asking passengers to take a selfie before riding for identity verification. |
December 2019 | Launched first numberless payment card in Asia with Mastercard. |
September 2019 | Partnered with Microsoft to provide digital literacy programs and certificates in Southeast Asia. |
April 2019 | Launched first cloud kitchen, GrabKitchen, in Indonesia and introduced super app consolidating online services. |
February 2019 | Launched GrabPet service in Singapore for pet-friendly transportation. |
2018 | Grab installed an emergency button in the app and rolled out a telematics program to encourage safe driving behavior for its drivers. |
2018 | Grab installed an emergency button in the app to improve passenger and driver safety. |
2018 | Grab rolled out a telematics program to encourage safe driving behavior for its drivers. |
2018 | Established Grab Financial, the company's financial arm. |
November 2018 | Invested in Indonesian conglomerate Lippo Group's Ovo platform. |
October 2018 | Launched GrabExpress courier service. |
May 2018 | Launched GrabFood food delivery service. |
March 2018 | Merged with Uber's Southeast Asian operations, acquiring Uber's assets and operations including UberEats. Launched GrabWheels eScooter rental service. |
2017 | 47 assault cases were recorded between Grab drivers and motorbike taxis in Hanoi and Ho Chi Minh City, Vietnam. |
November 2017 | Launched GrabPay digital payment service for third-party merchants. |
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