Grab, Southeast Asia’s largest ride-hailing and delivery company was founded in 2012 by Tan and Hooi Ling Tan. Today, it is counted among the most promising startups in Southeast Asia and a leading candidate for public markets. Now, why is that, you might choose to ask? The business model is similar to Uber, a US...
Tag: Grab
How a startup from Southeast Asia managed to defeat Uber
Grab a Singapore based e-hailing, food delivery and more is now gearing up to be listed on Nasdaq (GROTHAUS, 2021), prior to that this startup which was founded in 2012 by Anthony Tan and Tan Hooi Ling managed to defeat and buy Uber Southeast Asia operation on 26th March 2018 (Mansuri, n.d.). Grab idea started...
Startups Zone Talk Episode 1
$150M from Yamaha Motor to be invested in Grab
e27: Japanese motor manufacturer Yamaha Motor today announced a strategic partnership with Southeast Asian ride-hailing giant Grab, to collaborate in motorcycle ride-hailing service within the region, with a focus on Indonesia. Yamaha Motor will also invest US$150 million into Grab as part of the partnership agreement. The two companies aim to develop “next-generation” mobility services...
Grab launches R&D centre in Malaysia
e27: Southeast Asia ride-hailing giant Grab has launched an R&D centre in Kuala Lumpur, Malaysia, where the company was first founded in 2012. The new R&D centre is Grabś seventh globally. It has centres based in Bangalore, Beijing, Ho Chi Minh City, Jakarta, Seattle and Singapore. The Malaysian centre will hire 100 tech employees in its first...