grab
Singapore’s ride-hailing and food delivery company Grab has signed an agreement for its car rental unit Grab Rentals to acquire Trans-cab, the city-state’s third-largest taxi operator. The deal, Grab’s first local…
On-demand startups in Asia raised hundreds of millions of dollars from investors over the last several years to scale and compete heavily in ridesharing, alternative transport, delivery and a supersized…
Reuben Lai, executive director at GXS Bank, is leaving the position at the end of this year. The news was first reported by Tech In Asia. Lai was head of…
An analysis of recent changes in the market reveals four factors that could catalyze consolidation in Southeast Asia in the near future.
Tech firms around the world are slowly changing how they function to address concerns around their resilience and sustainability. Here are the key trends, per Jungle Ventures
Indian edtech giant Byju’s, the nation’s most valuable startup, is in talks to go public in the U.S. by merging with a blank check company led by Churchill Capital, a…
TechCrunch+ roundup: Singapore’s fintech buzz, SaaS slump, amplified marketing strategies
Bret Taylor is on a roll: On Monday, he became the chair of Twitter’s board, and a day later, Salesforce made him its co-CEO and co-chair. Enterprise reporter Ron Miller…
What goes up must come down. And what goes SPAC must go splat? We’ll keep workshopping that. Regardless, shares of super app Grab took a pounding today after its SPAC…
Grab will begin trading today on the Nasdaq under the ticker symbol “GRAB.”And it raised a pile of money in the process. Billions, in fact.
Gozem, a super app that provides a host of services — including transport, e-commerce and financial services in Francophone Africa — has raised $5 million in Series A financing, the…
It’s always been a slight puzzle why AngelList never really properly took off in Europe, especially when, a few years ago, there was such a dearth of funding options for…
Ride-hailing giant Gojek and marketplace Tokopedia, Indonesia’s two biggest startups, said on Monday they have combined their businesses to form GoTo Group, the largest technology group in the Southeast Asian…
If you only stayed up to date with the Coinbase direct listing this week, you’re forgiven. It was, after all, one heck of a flotation. But underneath the cryptocurrency exchange’s…
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Danny and Alex and Grace were all here to chat through the…
Grab is going public via a SPAC, so let’s talk through key points from the investor deck — we’ll discuss growth, segment profitability, aggregate costs and COVID-19.
Ride-hailing and delivery company Grab has announced plans to go public in the U.S. Based in Singapore, the company has evolved from a ride-hailing app to a Southeast Asian super…
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi there, new…
Grab, the Southeast Asian ride-hailing and on-demand delivery giant, announced a program to increase access to COVID-19 vaccinations today. Its goal is to have all of its employees, as well…
Grab Financial Group said today it has raised more than $300 million in Series A funding, led by South Korean firm Hanwha Asset Management, with participation from K3 Ventures, GGV…
Singapore on Friday granted four firms, including Ant Group and Grab, licenses to run digital banks in the Southeast Asian country, in a move that would allow the tech giants…
The COVID-19 pandemic has hit the hospitality industry especially hard, and hotels around the world are looking for ways to regain revenue. Today, Marriott International and Grab announced a partnership…
Indonesian cloud kitchen startup Yummy gets $12 million Series B led by SoftBank Ventures Asia
Yummy Corporation, which claims to be the largest cloud kitchen management company in Indonesia, has raised $12 million in Series B funding, led by SoftBank Ventures Asia. Co-founder and chief…
Ride-hailing was hit hard by COVID-19 — Grab’s Russell Cohen on how the company adapted
Ride-hailing services around the world have been hit hard by the COVID-19 pandemic, and Grab was no exception. The company is one of the most highly-valued tech startups in Southeast…
Melisa Irene‘s path to becoming a partner at one of Southeast Asia’s most esteemed venture capital firms is an unconventional one. “I always consider myself to be quite lucky,” said…
Grab launches new consumer financial services, including micro-investments and loans
Grab announced today that its financial unit, which previously focused mainly on services for entrepreneurs and small businesses, is launching a slew of consumer products, including micro-investments, loans, health insurance…
Grab is laying off about 360 people, or slightly less than 5% of its employees. Co-founder and CEO Anthony Tan made the announcement in a letter to Grab employees today.…
The COVID-19 pandemic is taking a heavy toll on ride-hailing services, like Uber and Lyft. Grab, Southeast Asia’s largest ride-hailing company, has also been impacted, but the company has adapted…
Opera’s Africa fintech startup OPay remains committed to building a multi-service super app in Nigeria as the foundation to expand on the continent. OPay also continues to operate ORide for…
Streaming service Hooq shuts down, ends partnerships with Disney’s Hotstar, Grab and others
Hooq, a five-year-old on-demand video streaming service that aimed to become “Netflix for Southeast Asia,” has shut down weeks after filing for liquidation and terminated its partnerships with Disney’s Hotstar,…
Singapore-based Igloo, formerly known as Axinan, has raised $8.2 million as the insurance-tech startup looks to broaden its foothold in half a dozen Southeast Asian markets and Australia. InVent, a…
