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More articles about: Grab

 
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It’s not a traditional IPO.
Superapp Grab is finally pushing ahead and going public in the what is being touted as the largest-ever US equity offering by a Southeast Asian company. The Singapore-based company that started out as a ride-hailing app and quickly grew to offer deliveries, financial ...
 
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Don’t get your hope up about the amount though.
Some Grab passengers can expect a tiny amount credited to their Grab app for some pricing issues last year.The Philippine Competition Commission directed the company to disburse a total of P6.25 million to select passengers who used GrabCar in Metro Manila between ...
 
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News comes after merger talks with rival Gojek stalled.
Grab is reportedly exploring an initial public offering (IPO) in the United States later this year. Reuters reports that the ride-hailing and food delivery giant is encouraged by robust investor appetite for IPOs. The IPO could be worth at least $2 billion (P96.1 billion).Reuters’ ...
 
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The super-app had to act fast in the midst of an unprecedented crisis to address the needs of its customers.
After the government temporarily prohibited the operations of transport network vehicle services in March to contain the spread of COVID-19, Grab had to act fast. Transport is one of the key consumer services of the region’s so-called “super-app,” and while the company ...
 
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He works as a delivery app rider and pest control worker.
When the COVID-19 pandemic hit, delivery app riders were among the ones who rode to the frontlines. They shuffled between pick-up and drop off points, notwithstanding the dangers on the road and the risk of getting sick.It's more difficult for 49-year old Grab rider Joy Calimlim Habana who rides with ...
 
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Commuters can now book rides even without credit cards and zero load on their GrabPay wallets.
Even before the pandemic, about 70 percent of Grab Car riders still preferred to pay by cash. But after the government mandated cashless transactions to stop the spread of COVID-19, people have been slow to give up their cash in favor of ...
 
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Grace Vera Cruz replaces Brian Cu.
Grab Philippines has named Grace Vera Cruz as its new country head, effective Thursday, October 15.ALSO READ: GRAB PHILIPPINESAlibaba Investing $3 Billion in Grab-ReportGrab Philippines President Stepping DownVera Cruz replaces Brian Cu, who led the Singapore-based company’s operations in the country since ...
 
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The Chinese giant will reportedly use part of the fund to acquire some of Uber’s stock in Grab.
Alibaba is planning to invest $3 billion in ride-hailing giant Grab, Bloomberg reported Monday, citing anonymous sources.Also read: Who is Ivana Alawi One of Bloomberg’s sources said the Chinese ecommerce giant plans to use a portion of the funds to acquire some of the ...
 
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Brian Cu was country head for seven years.
Brian Cu is leaving his role as president of Grab Philippines effective August 14, 2020. A statement released by Grab on Wednesday, July 15, said Cu “has decided to move on to focus other business interests as an entrepreneur in the startup ...
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