Grab Holdings Inc

The deal may represent one of Alibaba’s biggest bets on Southeast Asia since its first investment in Lazada in 2016.

Over 21,500 users' personal data were exposed to the risk of unauthorised access during an update of the app in Aug 2019.

The programme will now include hawker centres such as East Coast Lagoon Food Village, Chomp Chomp Food Centre, Bedok Food Centre, and Blk 503 West Coast Drive.

Grab Financial Group, a unit of the Singapore-based company, will roll out a micro-investment product called AutoInvest that allows users to set aside as little as a dollar into third-party funds via Grab’s app.

Southeast Asian ride-hailing leader Grab Holdings Inc. is raising US$200 million ($274.8 million) from South Korean private equity firm Stic Investments Inc., according to people familiar with the matter.

Singapore ride-hailing company Grab Holdings Inc. is among the businesses distancing themselves from Wirecard AG.

The Singapore-based startup said it has teamed up with 3,000 stores as it accelerates delivery of groceries, toilet paper, packaged snacks and beverages to cater to consumers mostly stuck at home during the coronavirus pandemic.

Grab CEO Anthony Tan warned last week that the coronavirus is creating significant challenges that will require “tough decisions” about cutting costs and managing capital.

SINGAPORE (Dec 30): Ride-hailing firm Grab Holdings and Singapore’s largest telco Singtel are forming a consortium to apply for a digital full bank licence in Singapore, reported the companies on Monday. 

SINGAPORE (Nov 28): Singapore Telecommunications is in talks with companies including Grab Holdings Inc to jointly bid for a digital banking licence in the city-state, according to people familiar with the matter.