More demand, fewer drivers, Grab says on price fluctuations
The e-hailing service says there has also been a large increase in traffic congestion which increases the cost of serving each ride.
Grab shares crash as revenue plunges on promotions, driver incentives
Its loss for the whole year ballooned to US$3.56 billion versus US$2.75 billion in 2020.
Grab buys over Jaya Grocer supermarkets
Grab is said to have signed an agreement with Jaya Grocer's shareholders to buy all of the retail chain's ordinary shares and 75% preference shares.
65 going on 25, the ‘old’ Grab rider
At 65, Zakaria Abdul Wahab is thoroughly enjoying his unconventional job.
Grab’s Nasdaq debut to set tone for regional listings
The backdoor listing on Nasdaq marks the high point for the Singapore company that began as a ride-hailing app and now operates across 400 cities in eight countries.
Age is just a number for senior citizen Grab food rider
At 65, Zakaria Abdul Wahab is enjoying the freedom that comes with setting his own schedule and the joy he finds mixing with other younger riders.
Grab’s third quarter takes a hit from virus curbs
Grab's mobility business brought in US$88 million in revenue, down 26% from a year earlier, while sales at its deliveries unit rose 58%.
Southeast Asia’s tech giants could ‘gobble up’ start-ups after going public
Likely buyers would include Grab, Sea as well as GoTo, the combined company if Indonesian behemoths Gojek and Tokopedia successfully merge.
Grab founder hails ride to world’s biggest multi-billion-dollar SPAC deal
The US$4 billion fundraising from global investors is set to be the biggest ever US equity offering by a Southeast Asian company.
Grab drivers, postmen to be considered for vaccination soon, says Khairy
He says these groups will be placed under consideration as economic frontliners.
Grab mulling US IPO listing in largest Southeast Asian company share offering
Grab reported this month that group revenue had recovered to be comfortably above pre-pandemic levels.
From Paris to KL, gig economy workers fight to survive
Gig economy workers fear they can no longer survive on meagre earnings from jobs that leave them increasingly vulnerable.