The Business Times

Grab

Crypto & Alternative Assets

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

Grab announced their formal recognition of the National Taxi Association, which is affiliated to the National Trades Union Congress (NTUC).
Companies & Markets

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

Grab 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."
ASEAN Business

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

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

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

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

Indonesia government backs planned merger of Grab and GoTo: sources

“The AV test runs are critical to preparations for the launch of Ai.R, which will serve two dedicated shuttle service routes in Punggol, establishing the district as Singapore’s first residential neighbourhood with an autonomous shuttle service,” Grab and WeRide say.
Transport & Logistics

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

Grab plans to tap its go-to-market expertise to support Vay’s growth in the US
Companies & Markets

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

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

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

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.
Companies & Markets

Indonesia discussing plan for merger of Grab and GoTo: official

The Grab headquarters in Singapore pictured on Feb 10, 2025.
Companies & Markets

Grab reports Q3 earnings of US$37 million on positive operating profit

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