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TECH 24 Jul 2017 | 3:44 AM Premium

Grab to raise US$2.5bil from Didi, SoftBank, others

Grab, Uber Technologies Inc's biggest ride-hailing competitor in Southeast Asia, said it expects to raise US$2.5bil (RM10.71bil) in its latest financing round that will help bolster its leading position in the region and grow its payments platform.

Business 08 Jun 2017 | 12:00 AM Premium

Uber rival Grab hunts for deals with SoftBank funding

SINGAPORE: Grab, Uber Technologies Inc’s fiercest rival in South-East Asia, is hunting for deals with funding from its biggest backer SoftBank Group Corp.

TECH 07 Jun 2017 | 3:46 AM Premium

Grab likely to seek funds, eyes financial services

Grab, Uber Technologies Inc's biggest ride-hailing competitor in Southeast Asia, is likely to kick off a fresh round of fundraising "in the near future" as it seeks to develop offerings such as financial services.

Business 13 May 2017 | 12:00 AM Premium

Grab open to more partners

Ride-hailing service strives to be No.1 mobile wallet payments system

Business 12 May 2017 | 5:29 AM Premium

Southeast Asia ride-hailing service Grab says open to more acquisitions

PHNOM PENH: Singapore-headquartered Grab is open to further acquisitions after buying an Indonesian online payments startup, one of the co-founders of the Southeast Asia-focused ride hailing service said.

Business 04 Apr 2017 | 12:00 AM Premium

Grab buys Indonesia shopping platform to expand battle with Uber

SINGAPORE: Grab, Uber Technologies Inc’s biggest rival in South-East Asia, will acquire Indonesian e-commerce startup Kudo for an undisclosed amount, striking its first deal since pledging to invest US$700mil in its largest market.

TECH 03 Apr 2017 | 6:59 AM Premium

Ride-hailing firm Grab agrees to buy Indonesian payment startup Kudo

Southeast Asian ride-hailing firm Grab said it has agreed to buy Indonesian online payment startup Kudo, marking the first investment under a recently announced plan to commit US$700mil (RM3bil) to its largest market.

Business 03 Feb 2017 | 12:00 AM Premium

Grab’s Indonesian bet, invests RM3bil

PETALING JAYA: South-East Asian ride-hailing platform Grab, the company co-founded by Anthony Tan who is from the family that built up the Tan Chong Motor group, is making a big bet on the Indonesian market with an investment of US$700mil over the next four years.

Business 12 Jan 2017 | 12:00 AM Premium

Go-Jek races to kill cash

SINGAPORE: Go-Jek became Indonesia’s first billion-dollar startup by offering ride-hailing services that became ubiquitous in the country. Now the company is planning a second act in digital payments amid rising competition from local rival Grab and Uber Technologies Inc.