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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