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Vitol and Trafigura – traders at the heart of Trump’s Venezuela oil grab
The companies’ special licences to ship still-sanctioned barrels have given them a head start in a potentially lucrative trade US…
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Grab
News
Grab rides to cost S$0.30 more from Jan 1 with platform fee hike
Singapore’s largest ride-hailing firm Grab will be increasing its platform fee by S$0.30 come Jan 1, 2026. Passengers will then pay…
Business
Hans Patuwo gets GoTo shareholders’ nod as CEO amid investor push for Grab deal
Shareholders of Indonesia’s digital giant GoTo Group have approved the appointment of Hans Patuwo as president director and chief…
Politics
Is China planning a Russian land grab? What to know
Recent moves by China reveal it has not forgotten the territory lost to the Russian Far East during its "Century of Humiliation." This has…
News
D.C. Gives the Middle Finger to Trump AG Pam Bondi’s Police Power Grab
Pam Bondi, however, thinks the incident is no laughing matter. In fact, by her lights, Dunn’s sandwich throwing is the deep state…
Business
Apple CEO tells staff AI is ‘ours to grab’ in hourlong pep talk
Apple chief executive officer Tim Cook, holding a rare all-hands meeting following earnings results, rallied employees around the…
Business
CGSI downgrades Grab to ‘hold’ with earnings growth expected to slow in H2
CGS International (CGSI) has downgraded its rating on Grab Holdings to “hold” from “add”, anticipating a slowdown in earnings growth in…
Business
Grab to pause changes to driver incentive scheme following backlash
Ride-hailing service Grab will pause planned changes to its driver incentive scheme, following a backlash about the impact on drivers’…
Business
Private-hire group urges Grab to delay bonus revamp over fears that drivers’ earnings will be hurt
The National Private Hire Vehicles Association (NPHVA) has urged Grab to delay changes to its driver incentive scheme, saying it is…
Business
Grab denies reports of US$7 billion GoTo acquisition
SOUTHEAST Singapore-based ride-hailing and delivery company Grab said on Monday it was not in any talks on a potential deal with smaller…
Politics
Grab launches its first Centre of Excellence to support AI solutions
Grab launched its first Artificial Intelligence (AI) Centre of Excellence on Friday (May 23). Supported by Digital Industry Singapore, the…
Business
Grab looks to strike a deal to acquire Indonesia’s GoTo in Q2: sources
[SINGAPORE,HONG KONG] US-listed ride-hailing and food delivery firm Grab is looking to strike a deal to take over smaller Indonesian rival…
News
Ghana protesters accuse president of power grab after chief justice's suspension
Hundreds of opposition protesters dressed in red and black have condemned a decision by Ghana's president to suspend the country's chief…
News
Grab appoints Alejandro Osorio as new managing director for Singapore
Ride-hail and delivery giant Grab announced on Monday (May 5) that Alejandro Osorio has been appointed as managing director (MD) of Grab…
Business
Grab raises full-year adjusted Ebitda guidance after posting US$24 million profit in Q1
Grab on Wednesday (Apr 30) reported net profit of US$24 million for the first quarter ended Mar 31, 2025, reversing from a US$104 million…
Business
Will ComfortDelGro win the point-to-point 2.0 race against Grab?
Grab’s entry into Singapore’s taxi market is likely to give the leading incumbent ComfortDelGro a run for its money. Studies have shown…
Business
Grab, Sea seen as defensive stocks as they’re not exposed to direct trade links with US
Singapore-headquartered tech giants Grab and Sea – both listed in the US – have not been spared amid a wider market sell-off sparked by…
Business
Grab, Sea seen as defensive stocks as they are not exposed to direct trade links with US
Singapore-headquartered tech giants Grab and Sea – both listed in the United States – have not been spared amid a wider market sell-off…
Business
LTA issues Grab taxi operator licence in Singapore
GrabCab receives street-hail service operator licence valid for 10 years from Apr 9, is sixth such operator here The Land Transport…
Business
HSBC upgrades Grab to ‘buy’ on attractive valuations, growth drivers ahead
HSBC upgraded its rating on ride-hailing giant Grab to a “buy” on attractive valuations and “intact” growth drivers, while Maybank…
Business
Grab, GoTo accelerate merger talks and aim for deal in 2025
GRAB Holdings and GoTo Group have accelerated merger talks and target a deal this year, seeking to end years of losses in South-east…
Business
Grab weighs takeover of rival GoTo at US$7 billion valuation
GRAB Holdings and GoTo Group have accelerated merger talks and are targeting a deal this year, seeking to end years of losses in…
Business
Grab contributed as much as 0.8% of Singapore GDP in 2023: report
RIDE-HAILING company Grab added S$5.2 billion to Singapore’s economy in 2023 through its on-demand services such as ride-hailing and…
Business
Grab partners BYD to expand electric vehicle fleet offering across South-east Asia
GRAB is teaming up with Chinese carmaker BYD to provide up to 50,000 BYD electric vehicles (EVs) to its driver-partners across South-east…