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The Latest Breaking News from Grab

Chaos in Singapore as Grab, Asia's Uber, Slaps Passengers with Over $700 Fares for Short Rides

Grab passengers in Singapore were shocked by glitch-induced fares of over S$1,500 (£880) for short trips, forcing Asia's biggest ride-hailing firm to apologise, refund users and promise a review of its pricing system.

International Business Times UK

Grab Holdings: Get a Grip Now—Explosive Upside Brewing

Grab Holdings is the leading app provider in a region outpacing global growth, supported by a rapidly expanding middle class and penetration of digital.

MarketBeat

WeRide Lands Grab Investment To Speed Robotaxi Rollout In Southeast Asia

WeRide (NASDAQ:WRD) stock gained on Friday after it announced that Grab (NASDAQ:GRAB) will take a strategic equity stake as part of a deeper partnership to speed up the deployment and commercialization of Level 4 Robotaxis and shuttles across Southeast Asia.

Benzinga

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Grab is in ‘prime position’ to support the transition to driverless cars, says CEO Anthony Tan

The ride-hailing firm launched a driverless bus in early July that ferries employees from its headquarters to a nearby metro station four kilometers away.

Fortune

OpenAI’s New AI Consulting Service Starts at $10 Million

OpenAI has quietly entered the high-end consulting space, where the company will offer custom AI solutions starting at $10 million per engagement.

Geekflare

Financial services are pushing up the revenues of the Southeast Asia 500's most prominent tech startups

Sea, Grab, and GoTo climbed the rankings of the Southeast Asia 500, in part thanks to their fast-growing fintech businesses.

Fortune

GoTo readies itself for an Indonesia-focused Fintech future

GoTo's recent actions, such as announcing its fintech results ahead of on-demand services, show its priorities are changing.

Fortune

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Taxi drivers demand govt end Grab service at airport

Drivers of regular taxis have threatened to begin blocking entry and exit points at Suvarnabhumi if the government fails to shut down the Grab ride hailing service at Bangkok

Bangkok Post

What uncertainty? Grab upgrades forecast and claims tougher economy might help its ride-hailing business

COO Alex Hungate noted that Grab has an "almost counter-cyclical approach", as people consider gig work as a hedge against job losses.

Fortune

Grab Holdings: Time to Grab More of This Rideshare Beast

Grab is the largest rideshare operator in Southeast Asia and only with a 5% penetration of its nearly 700 million person population, which leaves a long runway.

MarketBeat

Grab points to Southeast Asia's 'undertapped' potential as forecast disappoints

CEO Anthony Tan said Grab is currently serving just one out of 20 people in Southeast Asia despite hitting an all-time high of monthly transacting users.

Fortune

Move Over, Nvidia: Why This Analyst Is Picking Uber Stock Instead for 2025.

Analysts believe concerns about robotaxis are unfounded and Uber has significant upside potential.

Barchart

1 ‘Strong Buy’-Rated Penny Stock to Buy in January

This company stands out with a popular super app, earning high praise on Wall Street.

Barchart

Why Wall Street Expects This Growth Stock to Soar 99% in 2025

Down 30% from its 52-week high, now could be a good time to buy this growth stock.

Barchart

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StockNews.com

3 Streaming Giants Ending the Year on a High Note

The video streaming industry is rapidly evolving, driven by technological advancements and a surge in on-demand content. In this ever-evolving dynamic industry, fundamentally robust streaming stocks Amazon (AMZN), Netflix (NFLX), and Disney (DIS) could be solid buys. Keep reading.

Al Jazeera

Vietnam’s richest man vies to dethrone SE Asia’s ride-hailing king, Grab

Pham Nhat Vuong’s Xanh SM has big ambitions, but critics question its growth potential in fiercely competitive market.

MarketBeat

4 Reasons to Grab Shares of Grab Holdings Before 2024 Ends

Grab Holdings posted its first net profit, raised 2024 guidance, and broke out of a bullish pattern. Here's why you should buy GRAB stock before year-end.

Fortune

Grab CEO Anthony Tan singles out one market as shares soar after blowout quarter: ‘Everybody loves Thailand'

Grab lifted its profit outlook for the year after reporting a strong September quarter on Monday.

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Fortune

OpenAI, the developer of ChatGPT, hopes to join Singapore’s ‘thriving AI ecosystem’ with new office

OpenAI claims Singaporeans are some of the heaviest users of ChatGPT on a per capita basis.

Fortune

Grab's chief product officer says generative AI is an 'accelerator' in its drive to get more people using the app without 'friction'

Grab is one of the few tech startups on Fortune’s inaugural Southeast Asia 500 list, which ranks the region’s largest companies by revenue.

The Guardian - US

‘The big story of the 21st century’: is this the most shocking documentary of the year?

Six years in the making, jaw-dropping new film The Grab shows a secret scramble by governments and private firms to buy up global resources

Barchart

S&P Futures Higher After April CPI is Released

June S&P 500 E-Mini futures (ESM24) are trending up +0.45% this morning after April's CPI report was released.

Barchart

S&P Futures Tread Water Ahead of U.S. Inflation Data

June S&P 500 E-Mini futures (ESM24) are trending up +0.02% this morning as market participants awaited the all-important U.S. consumer inflation report that will likely shape the outlook for Federal Reserve policy.

Bangkok Post

Grab taxi service comes to Suvarnabhumi

Airports of Thailand (AoT) has introduced Grab taxi services at Suvarnabhumi airport to give passengers more choices to get to and from their destinations.

Top News

Singapore regulator reviews Grab's acquisition of Trans-cab

The Singaporean regulator has initiated a thorough investigation into Grab's acquisition of Trans-cab, signaling a potential impact on the local taxi industry.

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Gabriela Cowperthwaite

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