Grab reports Q2 revenue up 23% YoY to $819M, vs. 812M est., and an adjusted EBITDA of $109M; Grab's shares are up 60% over the past year as its profit increased
Bloomberg :
Singapore's biggest tech hopes, Grab, Sea, and Razer, have stumbled, which may show why VCs were premature in calling Singapore the “Silicon Valley of Asia”
Yoolim Lee / Bloomberg : X: @clemtan , @alexmacgregor__ , @yoolimleenews , and @pelstrom . LinkedIn: Ethan Tan X: @clemtan : The rough journey of an Uber-like ride-hailing company helps explain why S...
An interview with Grab CEO Anthony Tan, who expects the company to break even in 2023 with $2.2B in revenue, on his super-app vision, social impact, and more
Charlie Campbell / TIME : Tweets: @charliecamp6ell Tweets: Charlie Campbell / @charliecamp6ell : “If you don't build a society that's stable, and you don't uplift the bottom, it becomes all of our pr...
Research: Southeast Asia online food delivery spending rose 5% YoY to $16.3B in 2022, the slowest in at least four years; Grab extended its lead with 54% of GMV
Yoolim Lee / Bloomberg :
Singapore-based Grab reports Q1 revenue rose 6% YoY to $228M, beating analyst estimates, as its net loss narrowed to $435M; Grab stock is down 70%+ from its IPO
Grab Holdings Ltd. said revenue rose 6% in the first quarter after the ride-hailing and delivery company won back consumers as the pandemic receded in Southeast Asia.
Grab reports a $1.1B net loss in Q4 as revenue declined 44% YoY to $122M; after going public via SPAC in December, Grab has lost $15B+ in market value
Grab Holdings Inc., Southeast Asia's ride-hailing and delivery giant, reported a wider loss after the company spent more on incentives …
Sources: Southeast Asian ride-hailing and food delivery giant Grab is considering an IPO in the US this year that could raise at least $2B
SINGAPORE (Reuters) - Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year …
Sources: Japan's Mitsubishi UFJ Financial Group is investing $700M in ride hailing giant Grab, intends to market its financial services to Grab's users
- MUFG gains access to millions of users in Southeast Asia — Grab is trying to build a regional super-app like WeChat
Grab says that food and financial services, which have better margins than ride-hailing, now generate more than 50% of its gross merchandise volume
Food and financial services now make up more than 50 per cent of Grab's gross merchandise volume, according to Lim Kell Jay … Tweets: @trengriffin Tweets: Tren Griffin / @trengriffin : Hope that somet...
Splyt, which wants to bring international roaming to ride-hailing apps and already allows Alipay users to book Grab rides, raises $8M Series A from Grab, others
Jon Russell / TechCrunch :