Superapp

Grab Targets Major Expansion with Potential $2 Billion Loan for GoTo Acquisition

2 months ago

In a bold move that signals its aggressive expansion strategy, Grab Holdings Ltd., the leading superapp in Southeast Asia, is pursuing a loan of up to $2 billion. This financial maneuver is aimed at facilitating a possible takeover of GoTo, a significant competitor in the region. The negotiations for the loan are still in progress, with multiple banks involved in discussions regarding the terms and conditions.

Grab Engages in Talks for Potential Acquisition of Rival Gojek

2 months ago

In a significant strategic move within the Southeast Asian tech landscape, Grab Holdings, a leading super app based in Singapore, is reportedly advancing discussions to acquire Gojek, its primary competitor. This potential merger could reshape the competitive dynamics of the ride-hailing and delivery markets across the region.

Grab Raises Outlook After Exceeding Earnings Expectations

6 months ago

In a surprising turn of events, Grab Holdings Inc., the Singapore-based super app, has elevated its financial forecast for the upcoming quarters following a robust performance in its latest quarterly earnings report. The company reported a significant increase in revenue that outpaced analysts' projections, solidifying its position as a leader within the Southeast Asian market.