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Jan 15, 2021 · Business Insider: How has Grab managed to grow so large so in such a short amount of time? What are the factors that have enabled this growth?
- Henry Blodget
Jun 8, 2023 · Grab was founded in 2012 by Anthony Tan and Tan Hooi Ling, both graduates of Harvard Business School. The idea for Grab originated when Anthony Tan attended a conference in the United States and realized the potential for ride-hailing services in Southeast Asia.
Jun 1, 2023 · In the years since, Grab has transformed from a “street fighting” startup, as Tan puts it—scoring Southeast Asia’s biggest Nasdaq IPO in 2021, valued at around $40 billion.
Grab is one of the most dominant super apps in Asia, offering rides, food delivery and now, financial services. That includes loans, insurance, payments and investments - all accessed through a...
- Celebrating A Decade in Business
- Three Key Factors That Led to Its Success
- Striking The Right Balance
- Rising to The Challenge as A Super App
Considering how 90 per cent of startups fail, Grab’s meteoric rise into Southeast Asia’s (SEA) first decacornhas solidified its reputation as a startup legend. “[The past decade has been] exciting yet challenging, in a good way. None of us would have imagined that we would one day expand beyond our ride-hailing services to also provide delivery and...
So, what is it that sets Grab apart, leading to its David and Goliath victory over Uberand colossal growth into such an integral part of our lives? Wee Tang attributes Grab’s success to three factors. These days, Grab is the app equivalent of a Swiss Army knife. Besides ride-hailing, food delivery, and courier services, it has also made its foray i...
As a platform operating a multi-sided marketplace, conflict of interest among stakeholders is inevitable, and balancing them is almost an art form. Therefore, Grab has made a point to consider all viewpoints and strive for a “win-win-win outcome” when they make tweaks. A similar resolve that puts empathy for the user at its core is also seen before...
The pandemic nobody saw coming presents an unprecedented challenge to businesses, even tech titans like Grab. But by adapting its platform quickly, Grab was able to play a crucial role in providing essential services in transport and logistics to keep Singaporeans safe. According to Wee Tang, one of the most memorable solutions was GrabCare, rolled...
According to public filings, Grab is poised to raise around US$4.5 billion, valuing the company at nearly US$40 billion upon closing in early December 2021. Founders Anthony and Hooi Ling Tan have come a long way since founding Grab nearly 10 years ago.
We started off as a ride-hailing company, helping drivers earn a livelihood, only to open our eyes and see the millions of everyday entrepreneurs: the tuk tuk driver in Phnom Penh, the wet market fishmonger, the Chinatown chicken rice seller we’ve known for the past 20 years.
