Grab
NASDAQ: GRABalso invests Β· investor profileSingapore, SG Β· Founded 2012 Β· Incorporated in Singapore Β· 57,389 employees on LinkedIn Β· Public Β· 28 known investors
GrabAcademy, established in 2020, provides learning and development programs and training support for Grab's partners to help them deliver services and prepare for future challenges. It offers end-to-end educational support aimed at benefiting partners, consumers, and the wider community.
Also known as Grab Holdings Inc. Β· GrabTaxi Β· MyTeksi
Founders & leadership
Grab was founded in 2012 by Anthony Tan and Hooi Ling Tan.
Investors Β· 28
Company profile
researched Aug 2026Grab Holdings Inc. is a Singaporean multinational technology company headquartered at 3 Media Close in one-north, Singapore. It develops a mobile super-app spanning transportation (ride-hailing, ride-sharing and vehicle rental), food, grocery and parcel delivery, an e-commerce platform, online payments and insurance. The company operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand and Vietnam, and by one account serves more than 400 cities across eight countries.
The consumer app groups services into deliveries (Food, Mart, Express), mobility (Rides), dining (Dine Out) and financial services (Pay, Insurance), alongside rewards, gift cards and Grab Experiences. Separate propositions target driver- and delivery-partners, merchant-partners and enterprises: GrabForBusiness covers corporate rides, food, express deliveries, business financing, gift cards and advertising, while GrabDefence provides fraud management. Subsidiaries include Jaya Grocer, HungryGoWhere, Chope and OVO. Key people are co-founder Anthony Tan, who serves as chairman and CEO, and Alex Hungate as president and COO.
Founding story
The concept for an app-based taxi reservation service originated while Anthony Tan was at Harvard Business School, prompted by complaints about Malaysia's taxi system. Tan and classmate Tan Hooi Ling wrote a business plan for a taxi booking app that won second place and US$25,000 at the HBS New Venture Competition in 2011. Using the prize money, personal capital and an investment from Tan's mother, they launched MyTeksi in Kuala Lumpur in June 2012, aiming to make taxi rides safer and more reliable in Malaysia.
Business model
Grab runs a multi-sided platform connecting consumers with driver- and delivery-partners, merchant-partners and enterprise customers through a single app, monetising transportation, delivery, dining, payments, insurance, advertising and business services. Reported revenue for FY2024 was US$2.80 billion, against an operating loss of US$168 million and a net loss of US$158 million.
Revenue is generated across transportation, food and grocery delivery, parcel delivery, e-commerce, online payments and insurance products, plus enterprise offerings such as GrabForBusiness, advertising and GrabDefence fraud management services.
Traction
Grab reported revenue of US$2.80 billion for FY2024, total assets of US$9.30 billion and total equity of US$6.35 billion, with about 11,000 employees as of the end of 2025. In Singapore, the company states its ride-hailing and delivery services contributed S$5.2 billion to the economy in 2023, supported 117,000 earning opportunities and generated S$2.5 billion in household income. Partner programmes report 74 scholarships issued since 2018, 2,812 bursaries issued between 2018 and 2024, and more than 160,000 GrabAcademy trainings completed with over 23,000 partners upskilled.
Latest developments
Recent Singapore initiatives include the launch of Grab's first Artificial Intelligence Centre of Excellence with support from Digital Industry Singapore, accreditation with the IMDA Data Protection Trustmark, participation in the government-led Platform Workers Trilateral Group alongside the Ministry of Manpower, Ministry of Transport and NTUC, and GrabBenefits 2.0, announced in October 2024, committing S$4 million annually to partner welfare in complement to the Platform Workers Act 2025. The Emerald Circle bond-free scholarship was increased from S$10,000 to S$15,000 in 2025. Grab has also received the Singapore Police Force's Outstanding Community Partnership Award and the Transport Gold Award from 2022 to 2025.
βΈFull profile β market position, technology, go-to-market, geography, history, risks & controversies
Market position
Grab is described as Southeast Asia's first unicorn and first decacorn and the region's largest technology startup, and one of the region's dominant superapps. Fast Company listed it among the most innovative companies in the Asia-Pacific region in 2023. Uber holds a 13.71% stake as of 2025, remaining the largest individual shareholder following the 2018 merger of Uber's Southeast Asian operations into Grab.
Grab combines mobility, deliveries, dining, payments and insurance in a single app with associated driver, merchant and enterprise ecosystems, and complements this with proprietary capabilities such as GrabMaps, GrabDefence fraud management and an AI Centre of Excellence, plus partner welfare and upskilling programmes.
Technology
Grab operates a super-app consolidating its services onto a single platform, with features including in-app messaging with translation (GrabChat), GrabMaps mapping, QR-code based mobile payments through GrabPay, and GrabDefence fraud management. In Singapore it launched an Artificial Intelligence Centre of Excellence, supported by Digital Industry Singapore, to develop AI-driven solutions for digital accessibility and platform productivity.
Go-to-market
Grab acquires users through its consumer mobile app on iOS and Android and recruits supply-side participants via dedicated driver, delivery and merchant programmes, supported by partner welfare and training initiatives such as GrabBenefits 2.0, GrabAcademy and the Grab Emerald Circle Scholarships and Bursaries. Enterprise adoption is pursued through GrabForBusiness.
Consumers in Southeast Asia seeking mobility, food, grocery and parcel delivery, dining and payments; driver- and delivery-partners seeking earnings; merchants and SMEs; and corporate customers using business rides, corporate food ordering, deliveries, gift cards and advertising.
Geography
Headquartered in one-north, Singapore, with operations in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand and Vietnam, covering more than 400 cities.
History
Founded as MyTeksi in 2012 in Kuala Lumpur, the company operated as GrabTaxi from 2013 and expanded to the Philippines in August 2013 and to Singapore and Thailand in October 2013, then to Ho Chi Minh City in February 2014 and Jakarta in June 2014. GrabBike launched as a trial in Ho Chi Minh City in November 2014 and spread across Vietnam and Indonesia by 2015; GrabCar+ launched in the Philippines in February 2015 and GrabExpress in November 2015. The company attained unicorn status in August 2015, rebranded from GrabTaxi to Grab in January 2016 and moved its headquarters to Singapore.
Subsequent launches included GrabChat (October 2016), GrabShare (December 2016), GrabCoach (February 2017), GrabFamily (March 2017), the acquisition of Indonesian payments startup Kudo (April 2017), GrabPay (2017), the merger with Uber's Southeast Asian operations (March 2018), GrabWheels eScooter rental (March 2018), GrabFood (May 2018), GrabExpress (October 2018), the creation of Grab Financial (2018) and an investment in Ovo (November 2018). GrabPet launched in Singapore in February 2019, GrabKitchen cloud kitchens in Indonesia in April 2019, and the consolidated super app in April 2019. During the COVID-19 pandemic Grab launched GrabCare in February 2020, expanded GrabMart and GrabAssistant, cut top management salaries by 20 percent in April 2020 and retrenched 360 employees in June 2020. It opened a Jakarta Tech Center in November 2020, was granted a Singapore digital bank licence with Singtel in December 2020, listed on Nasdaq in December 2021 via a SPAC merger with Altimeter Growth Corp, acquired Jaya Grocer by the end of 2021 and introduced GrabMaps in June 2022.
Risks & controversies
In its early years the company contended with unions, government bureaucracies and criminal attacks. It reported operating and net losses for FY2024. In April and June 2020 it cut management salaries and retrenched 360 employees, just under 5 percent of headcount, during the COVID-19 pandemic. In November 2023, Grab faced boycotts in Indonesia and Malaysia after an Instagram post by Chloe Tong, the wife of CEO Anthony Tan, about a family trip to Israel resurfaced amid the Gaza war.
Compiled by commissioned research from 8 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Founder mafia
The Grab mafia β10 people who came through Grab went on to found or lead other companies.
Competitors Β· 9
by search overlap
Companies competing with Grab for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline Β· 37
launches, deals, and filingsGrab opened its first Artificial Intelligence Centre of Excellence with support from Digital Industry Singapore to develop AI-driven solutions for digital accessibility, platform productivity and smart nation building in Southeast Asia.
Grab became publicly traded on Nasdaq following a merger with SPAC Altimeter Growth Corp that valued the company at US$40 billion.
$40B source β
Grab took over Uber's Southeast Asian assets and operations, including Uber Eats in Malaysia, Singapore and Thailand; Uber initially received a 27.5% stake in Grab.
The company moved its headquarters from Malaysia to Singapore, with investment from Temasek Holdings, and rebranded as Grab to reflect expanding service offerings.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
Grab Holdings Limited (GRAB) vs. Sea Limited (SE): Grab Raises Its Outlook as AI and Affordability Pay Offfinance.yahoo.com Β· Aug 2026βΈResearch sources Β· 8
primary sources listed
- Grabgrab.com Β· web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Grab do?
- Nasdaq-listed Singaporean superapp offering ride-hailing, food and parcel delivery, and financial services across Southeast Asia.
- Who founded Grab?
- Grab was founded by Anthony Tan, Hooi Ling Tan in 2012.
- Who are Grab's investors?
- Grab's investors include 137 Ventures, 500 Global, 500 Startups Vietnam, Arbor Ventures, Base Partners, Beacon VC, Coatue Management, East West Ventures EWV and 20 more.
- Is Grab publicly traded?
- Yes β Grab trades on NASDAQ under the ticker GRAB.
- Where is Grab headquartered?
- Grab is headquartered in Singapore, SG.