Grab

News / Online

Grab boosts mobility revenue through supply improvement

By Linda Fox | August 23, 2023

Grab reported a 77% increase in Q2 2023 revenue to $567 million and a 74% decrease in losses to $148 million. Read More

News / Online

Grab looks to further efficiency gains via generative AI

By Linda Fox | May 19, 2023

During the Singapore-based company's first quarter 2023 earnings, co-founder, chairman and chief executive Antony Tan described Grab as "early adopters of data science in the region." Read More

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News / Online

WATCH: Visualization of revenue for digital travel brands through 2022

By PhocusWire | March 23, 2023

From a revenue standpoint, 2022 was an up year for most online travel brands, with many reporting record financial results. Read More

News / Online

Earnings roundup: Grab, eDreams, Flight Centre

By Linda Fox | February 23, 2023

Grab, eDreams and Flight Centre update on their financial progress in Q4, 2022, Q3, 2022 and H1, 2023, respectively. Read More

News / Online

Grab reports record revenue in Q3, narrows losses

By Linda Fox | November 16, 2022

The Singapore-based super app, which offers services including ride hailing, food delivery and digital payments, says revenue for the three months ended September 30 was a record $382 million, up 143%... Read More

News / Online

Earnings roundup: Grab, Flight Centre, Swvl

By Linda Fox | August 25, 2022

Grab, Flight Centre and Swvl are reporting strong results amid travel industry recovery. Read More

News / Online

Grab outperforms guidance with growth across all business units

By Mitra Sorrells | May 19, 2022

Mobility and delivery brand Grab posts revenue in the first quarter of $228 million, a 6% increase compared to the same period in 2021. Read More

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News / Distribution

Kakao Mobility partners with Splyt to expand transportation app

By Linda Fox | May 12, 2022

The deal enables users of the Kakao T app to access local taxis, private cars and motorcycles in seven additional countries. Read More

News / Online

Grab posts loss of $3.6B in 2021, claims "strongest year yet"

By Kevin May | March 7, 2022

The Singapore-based ride-hailing and delivery brand posted revenue of $675 million for the 2021 financial year, up by 44% on the previous 12 months. Read More

News / Startups

VIDEO: SPACs and the future of travel investing

By PhocusWire | November 17, 2021

During a session at the Phocuswright Conference 2021 this week, a session on SPACs put the spotlight on the benefits and pitfalls of using the mechanism to go public. Read More

News / Startups

Signs point north for travel startup funding in 2021

By Linda Fox | May 11, 2021

Travel startups have attracted multiple smaller investments in 2021, as well as one or two sizable ones, demonstrating interest has not faded away in supporting new businesses. Read More

News / Online

Grab files for IPO through SPAC partnership with Altimeter

By Kevin May | April 13, 2021

Grab is expected to be valued at almost $40 billion as a result the IPO announced today and slated to run under the ticker "GRAB" in the coming months. Read More