Grab

Grab, Southeast Asia’s biggest ride hailing-to-food delivery group’s first-quarter adjusted net sales rose 39% to a record $507 million and the Singapore-based firm reduced its losses on the back of a strong performance in its deliveries...

Grab aims to raise another $2 billion this year as it ramps up expansion, its chief executive said, just weeks after announcing over $4.5 billion of funding in what has become Southeast Asia’s largest round of...

Microsoft Corp is investing in Southeast Asian ride-hailing firm Grab as part of a partnership that the two companies said will allow them to collaborate on technology projects, including big data and artificial intelligence. The companies...

Ride-hailing firm Grab said on Wednesday it would stop offering car-pooling services during late-night hours in Singapore after drivers complained about some passengers being drunk and argumentative. Citing feedback from drivers who described intoxicated commuters vomiting...

Grab announced on Tuesday its partnership with Vietnam’s MOCA Technology and Service company (Moca) for a mobile payment service in Vietnam, as the ride-hailing firm pushes to cement its position in the Southeast Asian country. Grab...

Singapore-based Grab said on Thursday it has secured $1 billion in fresh funding and will consider raising further cash, as the ride-hailing firm aggressively expands in Indonesia, Southeast Asia’s biggest economy. The latest fundraising comes less...

Southeast Asian ride-hailing company Grab is set to announce that it has secured new investment of $1 billion that will help it grow its payments business, a source familiar with the matter said. The funding will...

Southeast Asia’s Grab is jointly investing S$6 million ($4.4 million) with the National University of Singapore to launch an artificial intelligence (AI) laboratory to help improve the efficiency and utilization of vehicles on its platform. The...

Toyota Motor Corp has agreed to invest $1 billion in Southeast Asian ride-hailing firm Grab as a lead investor in the company’s ongoing financing round, which was launched after it bought the regional business of Uber...

Indonesia is making it mandatory for Go-Jek and Grab to register as transport companies within two months to ensure they meet safety requirements as a public transport provider, potentially increasing costs and scrutiny of the ride-hailing...