Grab’s search for inorganic growth may be curtailed by anti-competition concerns

WITH changing consumer preferences and the highest inflation rates in four decades, the current operating environment has not been kind to transport and food delivery company Grab.

The Nasdaq-listed group needs some quick wins soon, and it appears inorganic growth has become the answer to some operating challenges that have been plaguing it since the pandemic.

Grab may have two deals in the works. On Jul 20, it announced it was acquiring privately-owned Trans-cab, Singapore’s third-largest taxi company. The Straits Times, citing sources, has put the deal at around S$100 million.