Singapore's Grab

Grab to go public in world’s biggest $40 billion SPAC merger

Grab Holdings, the largest ride-hailing and food delivery firm in Southeast Asia, clinched a merger with special-purpose acquisition company Altimeter Growth Corp securing a valuat...


Southeast Asia’s Grab considering US IPO this year

Southeast Asian ride-hailing and food delivery giant Grab is researching a list in the United States this year, encouraged by strong investor appetite for IPOs, a number of sources...

Singapore's Grab

Grab raises $300 million for FinTech arm’s ambitious expansion

Southeast Asian ride-hailing and food delivery giant Grab has raised over $300 million from investors headed by South Korea’s Hanwha Asset Management for its rapidly-expandin...

Platform News: Delivery Services across the world

Gojek, Tokopedia in $18 billion merger talks for Indonesia’s biggest deal

Indonesian ride-hailing and payments company Gojek and e-commerce leader Tokopedia are in advanced talks to secure a $18 billion merger before a possible dual listing in Jakarta an...


Sources: Grab in talks with Prudential, AIA for FinTech investment

Southeast Asia’s Grab is in advanced talks with Prudential, AIA Group and others since it seeks $300 million to $500 million in investment because of its financial services u...


Grab expands finance business with consumer loans services and wealth management

Asian ride-hailing business Grab has deepened its financial services push by announcing that it will offer consumer loans services in Singapore and roll-out wealth management produ...

Platform News: Japan's SoftBank

SoftBank-backed ride-hailing firm Grab announces layoffs

Southeast Asian ride-hailing and payments firm Grab announced hundreds of job losses on Tuesday due to the impact of novel coronavirus.

Ride Hailing

How ride-hailers around the world are coping with the virus pummelling

Battered by significant restrictions in movement and the ongoing lockdowns caused by the coronavirus pandemic, ride-hailing companies across the world are being forced to cut back ...


Indonesia’s Gojek closed $1.2 billion funding last week – internal memo

Indonesian ride-hailing and payments firm Gojek closed an additional $1.2 billion of funding last week, according to an internal memo reviewed by news agency Reuters.