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- Yes sir, the Singaporean based ride-sharing service provider's value is increasing. Following a new round of investments from SoftBank Vision Fund, Grab is now the most valuable startup in Southeast Asia after US$1.46 billion was injected through its ongoing Series H investment round.
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Jun 1, 2023 · Tan’s anecdotes help to explain why Grab, with a market cap of $12 billion, is one of Southeast Asia’s most valuable firms. Its green-attired delivery drivers are ubiquitous in over 500...
- A Humble Start
- Regional Leader
- Entering The Next Chapter: Going Public
Grabhad a humble beginning.The early team members had to wear multiple hats, even managing troves of data by hand before automated processes were developed and deployed. Despite coming from a wealthy family, and being a first-time entrepreneur when he started Grab, Anthony Tan was a driven yet humble entrepreneur, said Chua Joo Hock, managing partn...
From the beginning, Grab had the ambition to become a regional leading player, as many Southeast Asian countries shares similar traffic problems and unsafe transportation systems, especially when it comes to taxis and motorbike taxis. Malaysia is also a small market with a population of around 30 million people. It only made sense for Grab to expan...
Grab is leading the competition in food delivery, digital wallet payments, and ride-hailing in Southeast Asia. Grab’s services also cover other areas such as last-mile logistics and online health. The Grab app has been downloaded over 200 million times to date, and is now present on about 30% of Southeast Asia’s smartphones. The platform counts mor...
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...
Mar 12, 2019 · Following a new round of investments from SoftBank Vision Fund, Grab is now the most valuable startup in Southeast Asia after US$1.46 billion was injected through its ongoing Series H investment...
Jan 15, 2021 · Today, Grab considered to be Southeast Asia's most valuable startup, with a 2019 valuation of US$14 billion and is fast becoming the region's first "super app".
- Henry Blodget
Mar 24, 2021 · Today, the region’s most valuable startup is Grab. Grab is a Southeast Asian SuperApp offering users ridesharing, food delivery, financial services and much more. Grab was founded in 2012 and since then has grown to become a regional powerhouse: Serves 180 million users across 330 cities and 8 countries in the region.
Jul 28, 2018 · Grab has morphed into Southeast Asia’s most valuable tech start-up with a valuation of over US$10 billion (S$13.62 billion), giving Mr Tan a personal fortune of around US$300 million, according...
