Anthony Tan

Grab launches new partnerships platform, grocery delivery service

SINGAPORE (July 10): In its latest move to expand beyond ride-hailing, Grab has launched GrabPlatform, a new service for third-party partners to integrate their offerings with Grab.

This is in line with the company's aim to become "Southeast Asia's everyday app", says CEO and co-founder Anthony Tan at a media briefing today.

GrabPlatform gives third-party partners access to Grab's solutions, including transport, logistics, payments and consumer insights.

Grab vanquishes Uber with local strategy, billions from SoftBank

SINGAPORE (Mar 27): As Uber Technologies Inc. looked to conquer ride-sharing around the world, Grab was focused on serving the 620 million people that share its home in Southeast Asia.

Helped by the deep pockets of SoftBank Group Corp., Grab emerged the winner on Monday when Uber agreed to swap its business in the region for a 27.5% stake. The deal is a vindication for co-founder Anthony Tan’s strategy of tailoring services to local needs and working with incumbent taxi operators instead of against them.

Hyundai and Grab sign strategic partnership deal to expand future mobility services

SEOUL (Jan 11): South Korea's automaker Hyundai Motor Company and ride-hailing app Grab has struck a partnership to expand future mobility services in Southeast Asia.

The strategic partnership will help Hyundai explore new opportunities in the sharing economy and develop future mobility solutions in one of the world's fastest-growing markets, Southeast Asia.

Singapore's entrepreneurial scene looks less boring with spate of megadeals

SINGAPORE (Nov 30): Back in 2002, as the city-state was emerging from its worst recession since 1964, the government was getting impatient over the economy's disproportionate reliance on multinationals and a handful of globally competitive state-backed firms like Singapore Airlines.

A panel on "entrepreneurship and internationalisation" noted that only 5% of Singaporeans ran their own companies, versus 12% in the US. Then-finance minister and future Prime Minister Lee Hsien Loong vowed to end red tape and allow new structures like limited partnerships.

Grab CEO’s epiphany at 30,000 feet: taking down an Uber Goliath

Grab CEO Anthony Tan

SINGAPORE (Nov 2): It was on a late July flight home to Singapore when Anthony Tan grasped the potential calamity in news that his biggest ally, Didi Chuxing, was about to buy out arch-rival Uber’s Chinese business.

Didi, SoftBank lead US$600 mil-plus round for Grab

(Aug 3): China’s Didi Chuxing and SoftBank Group Corp. are leading a new round of funding in the Southeast Asian ride-sharing service Grab that could exceed US$600 million ($805 million), according to people familiar with the deal.

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