Grab Holdings Inc. (NASDAQ: GRAB) is a Singapore-based technology company that operates a leading super-app platform in Southeast Asia. The company’s core business activities span ride-hailing, food delivery, parcel and freight logistics, and digital payments. By combining on-demand transportation with a broad suite of adjacent services, Grab aims to provide a seamless, integrated user experience for both consumers and merchants.
In the ride-hailing segment, Grab offers a variety of transportation options, including private cars, taxis, motorbike taxis and shuttle services, tailored to diverse market needs. Its food delivery service, GrabFood, connects consumers with restaurants through an intuitive mobile app, while GrabExpress handles same-day parcel and document deliveries. Beyond delivery and mobility, Grab’s fintech arm provides digital wallet services (GrabPay), micro-lending, insurance products and merchant payment solutions designed to promote financial inclusion across the region.
Founded in 2012 by Anthony Tan and Tan Hooi Ling under the original name MyTeksi, Grab has rapidly expanded to become one of Southeast Asia’s most valuable technology companies. A landmark 2018 agreement to acquire Uber’s regional ride-hailing and food delivery operations bolstered its market position. In 2021, Grab completed a public listing through a business combination with special purpose acquisition company Altimeter Growth, marking one of the largest transactions of its kind in the region.
Grab’s services span eight countries across Southeast Asia, including Singapore, Malaysia, Indonesia, Thailand, Vietnam, the Philippines, Cambodia and Myanmar. Under the leadership of co-founder and Group CEO Anthony Tan, Grab continues to pursue an aggressive expansion of its ecosystem, forging partnerships with financial institutions, retail brands and logistics providers. The company’s strategic focus remains on deepening its presence in core markets, innovating its platform offerings and driving long-term unit economics toward profitability.
AI Generated. May Contain Errors.