Business
Grab in black for first time as Q4 earnings drive full-year profit to US$268 million
Super app company announces US$500 million share buyback plan; acquires US-based digital financial services provider Stash Grab announced…
Tag
Grab
Business
Grab to equip 10,000 drivers, merchants with AI skills by 2028
This aligns with efforts by policymakers to future-proof workers as AI reshapes business models and jobs Grab aims to train 10,000 drivers…
Unsorted
Vitol and Trafigura – traders at the heart of Trump’s Venezuela oil grab
The companies’ special licences to ship still-sanctioned barrels have given them a head start in a potentially lucrative trade US…
Unsorted
Grab gets approval to test its autonomous vehicle services with the public in Singapore
The community testing phase involves grassroots advisers and residents of Punggol Ride-hailing giant Grab, in partnership with WeRide, has…
Business
Grab, Chinese automaker GAC to deploy 20,000 EVs across South-east Asia
It will involve the introduction of three of the Chinese player’s models – Aion Y, Aion ES, and Aion V – across the region Ride-hailing…
Unsorted
ComfortDelgro, Grab, Strides extend help to drivers in a jam amid Autobahn car repossessions
ComfortDelGro (CDG), Grab and Strides Premier are offering their vehicles on favourable terms to private-hire car drivers whose vehicles…
Unsorted
Grab launches drone delivery pilot for food orders with ST Engineering system
Grab has launched a three-month drone delivery pilot in Singapore, serving the Tanjong Rhu area together with ST Engineering’s Unmanned…
Business
Nvidia expands AI empire with Groq talent grab
The startup will remain an independent company under new chief executive Simon Edwards, the firm says Nvidia has hired the leadership of a…
Unsorted
Grab rides to cost 30 cents more from Jan 1 with platform fee hike
Singapore’s largest ride-hailing firm Grab will be increasing its platform fee by 30 cents come Jan 1, 2026. Passengers will then pay…
Unsorted
Grab rides to cost S$0.30 more from Jan 1 with platform fee hike
Singapore’s largest ride-hailing firm Grab will be increasing its platform fee by S$0.30 come Jan 1, 2026. Passengers will then pay…
Unsorted
Grab, ComfortDelGro Taxi to raise platform fees from Jan 1
Taxi operator ComfortDelGro and ride-hailing firm Grab will be increasing their platform fees from Jan 1, 2026. ComfortDelGro will…
Business
Grab to acquire Chinese firm Infermove to expand in AI robotics
Grab Holdings has acquired Chinese tech company Infermove to expand in artificial intelligence-enabled robotics for food delivery. Grab…
Business
Hans Patuwo gets GoTo shareholders’ nod as CEO amid investor push for Grab deal
Shareholders of Indonesia’s digital giant GoTo Group have approved the appointment of Hans Patuwo as president director and chief…
Business
Grab Singapore Announces 50-Cent Hike to Minimum Fare from Nov 24
Grab Singapore will raise the minimum fare for its drivers by fifty cents starting on November 24 in an effort to increase its drivers'…
Unsorted
Minimum fare for Grab drivers to rise by S$0.50 to S$5.80 from Nov 24
It follows Grab’s recognition of the NTUC-affiliated National Taxi Association to represent taxi drivers on its platform The minimum fare…
Unsorted
LTA greenlights autonomous vehicle testing by WeRide, Grab in Punggol Digital District
This comes ahead of the public launch of an autonomous ride service operated by both companies by early 2026 Singapore’s Land Transport…
Unsorted
LTA greenlights autonomous vehicle testing by WeRide, Grab in Punggol ahead of AV shuttle service’s public launch
An autonomous ride service operated by both companies is expected to take public passengers in Punggol by early 2026 The Land Transport…
Business
Grab to invest US$60 million in remote driving tech startup Vay
Vay’s mobile app lets customers request for an EV to be delivered to their location, with the help of a remote driver Ride-hailing company…
Business
Indonesia discussing plan for merger of Grab and GoTo: official
Indonesia is discussing a possible merger or acquisition between ride-hailing and food delivery firm Grab and its rival GoTo, the…
Business
Grab reports Q3 earnings of US$17 million on positive operating profit
Operating profit rises to US$27 million in Q3 2025 from a loss of US$38 million in Q3 2024 Ride-hailing giant Grab posted earnings of…
Business
Grab reports Q3 earnings of US$37 million on positive operating profit
Operating profit rises to US$27 million in the quarter from a loss of US$38 million the previous year Ride-hailing giant Grab posted Q3…
Business
China flexes superpower status using rare earths in global supply chain grab
China’s sweeping new restrictions on rare earth exports mark its first major effort to police the global flow of critical minerals it…
Business
CGS International upgrades Grab to ‘add’, raises target price to US$7 on financial services turnaround
CGS International has upgraded its recommendation on Grab to “add”, from “hold” previously, and raised its target price by 29.6 per cent…
Business
Vietnam billionaire’s taxi firm takes on grab in South-east Asia
Vietnam’s richest man Pham Nhat Vuong is looking to disrupt ride-hailing sectors across South-east Asia as his taxi company Green & Smart…