Grab Holdings

DBS and CGS-CIMB see digital bank licence win as 'positive longer-term development' for Singtel - THE EDGE SINGAPORE

Disruption and Digitalisation

DBS and CGS-CIMB see digital bank licence win as 'positive longer-term development' for Singtel

DBS has upped its TP to $2.75 while CGS has maintained its TP at $3.10.
STI dips slightly despite Singapore factory output growth in November - THE EDGE SINGAPORE

STI watch

STI dips slightly despite Singapore factory output growth in November

Week-on-week, the STI gained 1.1% from 2,805.95.
MAS awards digital bank licences to two consortiums, two entities - THE EDGE SINGAPORE

Banking & finance

MAS awards digital bank licences to two consortiums, two entities

Four licences to operate digital banks in Singapore have been awarded by the Monetary Authority of Singapore (MAS) today.

M&A

Grab makes foray into retail wealth management with acquisition of robo-advisory Bento Invest

With this acquisition, Bento will be rebranded as GrabInvest with products launched on the Grab app in the first half of the year in Singapore. GrabInvest will be the fifth core business vertical under Grab’s financial services arm, Grab Financial Group.

Startups, Entrepreneurs, Digital economy

Grab will invest US$150 million in AI to build regional super app

SINGAPORE (Sept 5): Southeast Asian ride-hailing startup Grab Holdings Inc intends to invest US$150 million ($207.5 million) into artificial intelligence research over the next year, accelerating its expanding business that now includes food delivery, dig

Commentary

Grab's bonfire of the vanities is just blowing smoke, says Bloomberg Opinion's Tim Culpan

(April 9): One sentence from Grab Holdings Inc. co-founder Anthony Tan sums up the outlook for the dumpster fire that is Southeast Asia’s increasingly toxic taxi wars.

Startups, Entrepreneurs, Digital economy

Grab sets sights on US$6.5 bil capital mark

SINGAPORE (April 8): Grab Holdings is expecting to rake in further US$2 billion ($2.71 billion) in funding to bring its total capital raised this year to US$6.5 billion, following its Series H round which saw SoftBank and other key strategic investors inv

Startups, Entrepreneurs, Digital economy

Grab secures US$1.46 bil in fresh capital from SoftBank Vision Fund

SINGAPORE (Mar 6): Grab Holdings Inc says it has secured US$1.46 billion ($2 billion) of fresh financing from Japan's SoftBank Group Corp to help fund its expansion.

Startups, Entrepreneurs, Digital economy

Grab pulls in US$2 bil funding; eyes Indonesia expansion

SINGAPORE (Aug 2): Grab Holdings today ended months of speculation and confirmed that it has raised US$2 billion ($2.7 billion) in a round of fundraising aimed at pushing Grab to be the leading technology player in Southeast Asia.
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