Grab

Grab-GoTo merger could be ‘colossal’ for Indonesia’s fintech hopefuls, say analysts

Merging the superapp giants could change not only the face of South-east Asia’s ride-hailing market, but also its digital lending space

Grab and StraitsX say that their partnership will take into account the “continuously evolving nature of money-laundering and terrorism-financing typologies”.

Grab, XSGD issuer StraitsX to develop digital asset wallets to accept stablecoin payments

This will enable GrabPay merchants to begin accepting stablecoin payments from domestic, global consumers

The increase in fares is meant to boost drivers’ earnings on short-distance trips under 3 km.

Minimum fare for Grab drivers to rise by S$0.50 to S$5.80 from Nov 24

It follows Grab’s recognition of the NTUC-affiliated National Taxi Association to represent taxi drivers on its platform

Grab president and chief operating officer Alex Hungate says: "In our business, the margins are very small, and therefore to make money, you’ve got to be very big."

M&A always on the radar as bigger players ‘tend to win’: Grab COO Alex Hungate

He stresses that greater scale is crucial to making money in the competitive, low-margin ride-hailing market

GoTo and Singapore-based Grab, whose significant shareholder is Uber Technologies, have held on-and-off discussions about a merger for years.

No Grab-GoTo merger notification yet, says Singapore competition watchdog

[SINGAPORE] The competition watchdog here has not received any notification from ride-hailing firms Grab or GoTo on any proposed merger, but said it remains open to engaging with the parties.

GoTo’s Gojek unit alone has partnered with more than 3.1 million riders.

Indonesia government backs planned merger of Grab and GoTo: sources

Danantara is in talks to take a “golden share” in the combined entity, the sources say

Grab and WeRide plan to increase the total number of AV test runs on shuttle service routes in Punggol by up to four times by the end of the year.

LTA greenlights autonomous vehicle testing by WeRide, Grab in Punggol ahead of AV shuttle service’s public launch

An autonomous ride service operated by both companies is expected to take public passengers in Punggol by early 2026

Grab plans to tap its go-to-market expertise to support Vay’s growth in the US. It will also look into how Vay's service model can complement its mobility services in South-east Asia.

Grab to invest US$60 million in remote driving tech startup Vay

Vay’s mobile app lets customers request for an EV to be delivered to their location, with the help of a remote driver

Danantara had started preliminary discussions with GoTo to acquire a minority stake in a combined entity.

GoTo shares jump to three-month high on report Danantara to be involved in Grab merger

The possibility of a failure or delay in the merger remains significant

GoTo’s Gojek unit alone has more than 3.1 million online riders in Indonesia, and GoTo and Grab have dominated the country's market for years.

Indonesia discussing plan for merger of Grab and GoTo: official

A combined entity would hold a market share of over 91 per cent in Indonesia.