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Marriott International announces partnership with Grab in six Southeast Asian countries

Marriott International announces partnership with Grab in six Southeast Asian countries The COVID-19 pandemic has hit the hospitality industry especially hard, and hotels around the world are looking for ways to regain revenue. Today, Marriott International and Grab announced a partnership that will cover the hospitality giant’s dining businesses in six Southeast […]

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Ride-hailing was hit hard by COVID-19. Grab’s Russell Cohen on how the company adapted.

Ride-hailing was hit hard by COVID-19. Grab’s Russell Cohen on how the company adapted. A contactless Grab delivery Ride-hailing services around the world have been hit hard by the COVID-19 pandemic, and Grab was no exception. The company is one of the most highly-valued tech startups in Southeast Asia, where it operates […]

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Grab launches new consumer financial services, including micro-investments and loans

Grab launches new consumer financial services, including micro-investments and loans Grab announced today that its financial unit, which previously focused mainly on services for entrepreneurs and small businesses, is launching a slew of consumer products, including micro-investments, loans, health insurance and a pay-later program. Based in Singapore, Grab began in 2012 as […]

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Grab to lay off 360 people, or about 5% of its employees

Grab to lay off 360 people, or about 5% of its employees Grab is laying off about 360 people, or slightly under 5% of its employees. Co-founder and CEO Anthony Tan made the announcement in a letter to Grab employees today. A Grab spokesperson told TechCrunch that the company will not be […]

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Opera’s OPay still plans Africa expansion on Nigerian super app

Opera’s OPay still plans Africa expansion on Nigerian super app Opera’s Africa fintech startup OPay remains committed to building a multi-service super app in Nigeria as the foundation to expand on the continent. OPay also continues to operate ORide for limited passenger service — though the company is shifting the motorcycle ride-hail […]

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Streaming service Hooq shuts down, ends partnership with Disney’s Hotstar, Grab and others

Streaming service Hooq shuts down, ends partnership with Disney’s Hotstar, Grab and others Hooq, a five-year-old on-demand video streaming service that aimed to become “Netflix for Southeast Asia,” has shut down weeks after filing for liquidation and terminated its partnerships with Disney’s Hotstar, ride-hailing giant Grab, and Indonesia’s VideoMax. Hooq Digital, a […]

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Igloo raises $8.2M to bring insurance to more people in Southeast Asia

Igloo raises .2M to bring insurance to more people in Southeast Asia Singapore-based Igloo, formerly known as Axinan, has raised $8.2 million as the insurance-tech startup looks to broaden its foothold in half a dozen Southeast Asian markets and Australia. InVent, a corporate venture capital arm of telecommunications firm Intouch Holdings, led […]

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Grab hires Peter Oey as its chief financial officer

Grab hires Peter Oey as its chief financial officer Grab announced today that it has hired Peter Oey as its new chief financial officer. Prior to joining Grab, Oey was the chief financial officer at LegalZoom, an online legal services company based near Los Angeles. Before that, he served the same role […]

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Grab raises up to $856M to boost its payments business as rumors swirl of a merger with rival Gojek

Grab raises up to 6M to boost its payments business as rumors swirl of a merger with rival Gojek Southeast Asian on-demand transport rivals Grab and Gojek deny that they are involved in talks to merge, but today Grab announced a piece of news that — at the very least — will […]

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Volocopter and Grab to study the feasibility of deploying air taxi services in Southeast Asia

Volocopter and Grab to study the feasibility of deploying air taxi services in Southeast Asia Air mobility startup Volocopter will be working together with on-demand transportation, food delivery and payments company Grab on a feasibility study around air mobility in Southeast Asia. The joint study is part of a Memorandum of Understanding […]

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