"Hindsight is always 20/20. The story of two South-East Asian “deca-unicorns”—fintechs valued above $10bn—is usually told in terms of their rivalry. Based in San Francisco, California. 1196/-Get : Rs. Under quantitative research method, statistical data in terms of supply, demand, economic indicators are applied. Grab is on track to raise US$3 billion in funding before the end of this year, said co-founder Tan Hooi Ling at Bloomberg's Sooner Than You Think technology summit in Singapore yesterday. Like Ant Financial, they insist they want to work in partnership with incumbent banks. Please enter 10 digit mobile number. A version of this article appeared in the print edition of The Straits Times on September 07, 2018, with the headline 'Grab out to double revenue to $2.8b in 2019'. Director of Marketing by day and I run this little site at night.
Grab … Note: Your copy will be delivered by courier to the address provided above. Passengers can hand over extra cash on top of their fare and ask the driver to add it to their balance in the app. Grab, with its region-wide footprint, is also looking at cross-border remittances. Ride-Sharing Companies Report (Uber, Go-Jek, Grab, Lyft, Ola, Didi). You have reached your limit of subscriber-only articles this month. "There are no plans for any sort of merger and recent media reports regarding discussions of this nature are not accurate,” Gojek spokesperson told The Jakarta Post on Tuesday. The report, as quoted by Tech in Asia, also stated that the start-ups were still discussing their respective valuations and post-merger shareholdings. If South-East Asia’s ride-hailing giants succeed in their ambitions, the region’s incumbents may never develop into anything that looks like the full-coverage retail banking available in the developed world. DMR » Stats and Fun facts Pages » Travel and Transportation Statistics and Fun Facts » Ride-Sharing Statistics and Fun Facts » Grab Facts and Statistics.
Visit website. GRAB CO-FOUNDER TAN HOOI LING, on the company's expansion plans. "As we were learning things, we were making changes on the go.
Grab valuation is $14 b, and annual revenue was $1 b in Y 2018. Annual reports 2014 in Norwegian. Title: Internal_Corporate Profile Update_Apr 2018-ol Created Date: 3/30/2018 5:41:32 PM Grab Holdings Inc. is registered with the U.S. Security and Exchange Commission and incorporated in the state of Cayman Islands.
It can get tiring, having to shuttle between different locations, but Komsan finds it exciting. Komsan has viewed this change through an optimistic lens, calling it the perfect opportunity for him to embark on a fresh journey after his previous job. Food delivery GrabFood, now in 30 cities, will also be expanded to more than 130 cities by the end of this year, Ms Tan said. They may hold on to better-off individuals and big businesses, while everyone else buys the products they originate on mobile platforms that combine financial and other services. Singapore-based Grab is using its capital to expand both geographically and business-wise.
Grab is expanding rapidly throughout South-east Asia, home to more than 600 million people, to become the region's largest transportation platform and leverage its size after the Uber deal.
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