A pedestrian walks past signage for Grab in Singapore, on Thursday, April 26, 2018. Ride-hailing service Grab started a new app in March that will be a single marketplace offering different sharing options for bicycles and electronic-scooters in Singapore, according to a company statement. Photographer: Paul Miller/Bloomberg
Grab, South-East Asia’s biggest ride-hailing company, plans to double its staff in Singapore to 3,000 by the time it moves into new headquarters next year.
Grab signed an 11-year lease for new offices in a development by Ascendas Real Estate Investment Trust. The Singapore-based startup has a five-year renewal option and will occupy all of the building, which has an estimated floor area of 42,310 square meters and cost Sg$181.2mil (RM545.86mil).
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