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Grab Holdings Inc. is a Singaporean multinational technology company headquartered in One-North, Singapore. It is the developer of a super-app for ride-hailing , food delivery , and digital payment services on mobile devices that operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam.
Fares on Singapore's taxis are considered relatively affordable, [4] and are thus a popular form of transportation in Singapore, particularly for the middle income groups. Taxi fares were regulated by the Public Transport Council until September 1998 to allow operators full freedom in setting their own fares in a bid to introduce greater ...
Tan Hooi Ling (Chinese: 陈慧玲; pinyin: Chén Huìlíng; Pe̍h-ōe-jī: Tân Hūi-lêng) is a Malaysian businesswoman based in Singapore.She is best known as the co-founder and Chief Operating Officer (COO) of Singaporean ride-hailing company, Grab Holdings Inc. [1] Tan was a business analyst at McKinsey & Company before she co-founded Grab with Anthony Tan while attending Harvard Business ...
Singapore ride-hailing firm Grab Holdings said it is cutting over 1,000 jobs or 11% of its workforce to cut costs and keep the company competitive, in its biggest round of job cuts since the pandemic.
Grab took a hit of more than 500 basis points on both revenue and gross merchandise value as Southeast Asian currencies weakened against the U.S. dolla Singapore's Grab misses quarterly revenue ...
In 2022, the company closed express delivery services for groceries in Britain and France, [24] shifting to a B2B model focused on Q-commerce, e-commerce, and retail solutions under the Yango Tech brand. [25] Same year Yango Tech entered the GCC market. [26] As of 2024, the company partnered with Nana, Al Sadhan, and Spar. [27] [28] [who?]
By 2016, the company had rebranded as Grab and Tan was recognized along with his co-founder by Fortune and Straits Times as "40 Under 40" and "Asians of the Year", respectively. [12] [13] He was a speaker at the World Economic Forum in 2019. [14] In 2020, Grab’s cofounders were recipients of the Nikkei Asia Prize for economic and business ...
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