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Grab fares topping US$1,000 stun Singapore ride-hailing users
Singapore ride-hailing users got a rude shock on Wednesday (Aug 20) after prices on the most popular app jumped about a hundred times from…
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Grab
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Grab system glitch pushes Singapore ride-hailing fares to US$1,000
Singapore ride-hailing users got a rude shock on Wednesday (Aug 20) after prices on the most popular app jumped about a hundred times from…
Unsorted
Grab system glitch pushes Singapore ride-hailing fares to S$1,000
Prices on ride-hailing giant Grab jumped about a hundred times from the usual rates, with short trips within Singapore costing S$1,000 or…
Business
Grab system glitch pushes some fares past S$1,000; company says full refunds made on ‘misconfigured fee’
Prices on ride-hailing giant Grab jumped about a hundred times from the usual rates, with short trips within Singapore costing S$1,000 or…
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D.C. Gives the Middle Finger to Trump AG Pam Bondi’s Police Power Grab
Pam Bondi, however, thinks the incident is no laughing matter. In fact, by her lights, Dunn’s sandwich throwing is the deep state…
Business
Apple CEO tells staff AI is ‘ours to grab’ in hourlong pep talk
Apple chief executive officer Tim Cook, holding a rare all-hands meeting following earnings results, rallied employees around the…
Business
Grab reports a Q2 2025 earnings of US$35 million on higher revenue and margins
Superapp Grab reported Q2 2025 earnings of US$35 million, reversing from a loss of US$53 million in the same year-ago period. This was…
Business
CGSI downgrades Grab to ‘hold’ with earnings growth expected to slow in H2
CGS International (CGSI) has downgraded its rating on Grab Holdings to “hold” from “add”, anticipating a slowdown in earnings growth in…
News
Grab to roll out autonomous shuttle bus trial at one-north
Starting on Wednesday, it will operate on a fixed 3.9 km route between Grab’s headquarters and the nearby one-north MRT station Grab…
Business
Chinese automakers grab record hybrid market share in Europe
Chinese automakers continued to expand their European foothold in May, capturing the highest share ever of hybrid-car sales and the…
Business
Grab to pause changes to driver incentive scheme following backlash
Ride-hailing service Grab will pause planned changes to its driver incentive scheme, following a backlash about the impact on drivers’…
Business
Private-hire group urges Grab to delay bonus revamp, over fears that drivers’ earnings will be hurt
The National Private Hire Vehicles Association (NPHVA) has urged Grab to delay changes to its driver incentive scheme, saying it is…
Business
Grab prices and increases convertible notes offering to US$1.5 billion
The proceeds will be used for general corporate purchases, a concurrent repurchase of shares and possible acquisitions Grab announced on…
Business
Grab denies reports of US$7 billion GoTo acquisition
SOUTHEAST Singapore-based ride-hailing and delivery company Grab said on Monday it was not in any talks on a potential deal with smaller…
Business
Grab looks to strike a deal to acquire Indonesia’s GoTo in Q2: sources
[SINGAPORE,HONG KONG] US-listed ride-hailing and food delivery firm Grab is looking to strike a deal to take over smaller Indonesian rival…
News
Ghana protesters accuse president of power grab after chief justice's suspension
Hundreds of opposition protesters dressed in red and black have condemned a decision by Ghana's president to suspend the country's chief…
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Grab appoints Alejandro Osorio as new managing director for Singapore
Ride-hail and delivery giant Grab announced on Monday (May 5) that Alejandro Osorio has been appointed as managing director (MD) of Grab…
Business
Grab raises full-year adjusted Ebitda guidance after posting US$24 million profit in Q1
Grab on Wednesday (Apr 30) reported net profit of US$24 million for the first quarter ended Mar 31, 2025, reversing from a US$104 million…
Business
Will ComfortDelGro win the point-to-point 2.0 race against Grab?
Grab’s entry into Singapore’s taxi market is likely to give the leading incumbent ComfortDelGro a run for its money. Studies have shown…
Business
Grab, Sea seen as defensive stocks as they’re not exposed to direct trade links with US
Singapore-headquartered tech giants Grab and Sea – both listed in the US – have not been spared amid a wider market sell-off sparked by…
Business
Grab, Sea seen as defensive stocks as they are not exposed to direct trade links with US
Singapore-headquartered tech giants Grab and Sea – both listed in the United States – have not been spared amid a wider market sell-off…
Business
HSBC upgrades Grab to ‘buy’ on attractive valuations, growth drivers ahead
HSBC upgraded its rating on ride-hailing giant Grab to a “buy” on attractive valuations and “intact” growth drivers, while Maybank…
Business
Grab weighs takeover of rival GoTo at US$7 billion valuation
GRAB Holdings and GoTo Group have accelerated merger talks and are targeting a deal this year, seeking to end years of losses in…
Business
Grab contributed as much as 0.8% of Singapore GDP in 2023: report - The Business Times
RIDE-HAILING company Grab added S$5.2 billion to Singapore’s economy in 2023 through its on-demand services such as ride-hailing and…