Tag: Grab
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Taiwan regulator blocks Grab’s purchase of Foodpanda delivery business in Taiwan
TAIPEI: Taiwan’s Fair Trade Commission said on Wednesday (Oct 21) it had blocked Grab’s purchase of Delivery Hero’s Foodpanda delivery business in Taiwan, citing competition concerns.Grab, Southeast Asia’s biggest ride-hailing and delivery firm, said in March it would pay US$600 million in cash for the Foodpa
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Grab takes majority stake in Atome Financial in US$1.49 billion deal
Grab will take an initial 60 per cent stake in Atome for US$1.49 billion, combining the target’s Buy Now, Pay Later (BNPL) loans, consumer cash loans, BNPL cards and digital lending with its own financial services business.
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Autonomous vehicle safety operators debunk misconceptions that they ‘sit there and do nothing’
Learning left-hand drive and giving feedback on the vehicle’s performance are just a few of the responsibilities of a safety driver.
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Grab to expand autonomous vehicle fleet from 10 to 50, eyes services beyond Punggol
The company also said hundreds of new autonomous vehicle roles will be created for the local workforce.
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Vietnam’s Grab drivers call for two-day app boycott over falling earnings
HANOI: Vietnamese ride-hailing drivers working for Singapore’s Grab have used social media to call on colleagues to boycott the app this weekend, saying a rise in service charges has cut their income to unsustainably low levels.Drivers have been sharing screenshots showing their reduced earnings on Facebook,
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Singapore’s Grab lifts 2026 forecasts on solid delivery, ride-hailing demand
The upbeat projections and a new US$750 million share buyback program pushed shares of the Nasdaq-listed company up 3 per cent in extended trading, but the stock is down more than 26 per cent this year.
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Grab to pilot on-demand autonomous vehicle service in Punggol
The new service will open to trial riders in the next few months, before being gradually made available to the public in the fourth quarter of 2026, when commercial fares will apply, Grab said.
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