- Business
- Grab Holdings Limited (GRABW) is a Singapore-based technology company that operates Southeast Asia's leading superapp, providing ride-hailing, food delivery, grocery and package delivery, digital payments, financial services, and digital banking through a unified platform accessible to consumers, driver-partners, and merchants. Founded in 2012 and headquartered at 3 Media Close in one-north, Singapore, the company delivers its services across eight countries including Singapore, Malaysia, Indonesia, Thailand, the Philippines, Vietnam, Cambodia, and Myanmar, serving over 800 cities with core offerings such as GrabCar and GrabBike for mobility; GrabFood, GrabMart, and GrabExpress for deliveries; GrabPay for digital wallet and peer-to-peer payments; GrabFinance encompassing microloans, insurance via GrabInsure, and credit products; and GXS Bank for digital banking targeted at individuals, SMEs, and drivers. Its ecosystem integrates additional services like advertising, enterprise solutions for fleet management and corporate ordering, GrabMaps for hyperlocal navigation, AI tools including Merchant Assistant and Driver Companion developed with OpenAI and Anthropic, and emerging mobility options such as Grab Cyclo rickshaws in Vietnam and drone deliveries in the Philippines. Recent developments include a November 2025 strategic investment of $60 million in Vay Technology for remote driving capabilities, with potential follow-on funding up to $350 million to support autonomous mobility synergies; partnerships with May Mobility and WeRide for autonomous vehicle deployments, including AV testing approvals in Singapore's Punggol district; acquisitions of stakes in Cambodian app Nham24, Malaysian supermarkets Everrise and Jaya Grocer, and SME lender Validus Capital via GXS Bank; a June 2025 proposal to raise $1.25 billion in convertible notes for acquisitions and share repurchases under its ongoing program; and a 2025 street-hail taxi operator license from Singapore's Land Transport Authority, alongside securing a 10-year GrabCab license.