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- 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".
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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...
Launched in 2012 as a ride-hailing app like Uber, Grab has since expanded broadly. In 2018, it pushed Uber out of South East Asia. Grab set for $40bn valuation in US share listing. Chinese...
- 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...
Jan 15, 2021 · Tan Hooi Ling is the cofounder of Grab, an 8-year old company now considered to be Southeast Asia's most valuable startup. Beginning life as a single-market taxi-booking app, Grab now has...
- Henry Blodget
Grab has grown exponentially since being launched in 2012 and has become Southeast Asia’s most valuable startup having a valuation of $16 billion. Even with its meteoric rise, the company is looking to grow even further and is set to go public in the U.S. market sometime in 2021.
Mar 24, 2021 · With tens of millions getting mobile phones and coming online every year, Southeast Asia has proven to be fertile ground for a new wave of locally-founded startups. 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.
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...