OverviewSuggest Edit
Grab is a company that operates a ride-hailing platform that offers a car booking service. The company is focused on the development of new commuting and payment alternatives for drivers and passengers. It also offers private car services, motorcycle taxis, social carpooling, bus and shuttle service, cycling services.
| Type | Private | |
| Founded | 2012 | |
| HQ | Singapore, SG | Map |
| Website | grab.com | |
| Employee Ratings | More |
Recent NewsAll News
- Grab to lay off 360 people, or about 5% of its employees
- Grabb-It wants to turn your car’s window into a trippy video billboard
- RF Power Semiconductors for Wireless Infrastructure Over US$1 Billion for 2018 with GaN Grabbing More Share
- Smash and Grab: Why New Zealand Is Being Hit By an Avocado Crime Spree
Key People/Management at Grab
Anthony Tan
Co-Founder, CEO
Tan Hooi Ling
Co-Founder
Ming Maa
President
Peter Oey
Chief Financial Officer
Grab Office Locations
Grab has offices in Singapore, Phnom Penh, Petaling Jaya, Yangon and in 3 other locations
Singapore, SG (HQ)
28 Sin Ming Lane, #01-143
Singapore, SG
6 Shenton Way #38-01 OUE Downtown 1
Phnom Penh, KH
St 278
Petaling Jaya, MY
1-01 & 1-02, First Floor, Block A, Axis Business Campus No. 13A & 13B, Jalan 51a/225, Seksyen 51a
Yangon, MM
Shwe Gon Taing Street 5
ရန်ကုန်, MM
Crystal Office Tower, #12-04, Junction Square Compound, Kamayut Township
Grab Financials and Metrics
Summary Metrics
Founding Date | 2012 |
Grab total Funding | $10.8 b |
Grab latest funding size | $300 m |
Time since last funding | 2 months ago |
Grab investors | GGV Capital, 137 Ventures, Lightspeed Venture Partners, SoftBank Capital, Coatue Management, 500 Startups, Tiger Global Management, Vulcan Capital, Qunar.com, Microsoft, David Thevenon, HSBC, Hillhouse Capital Group, Arbor Ventures, Mitsubishi UFJ Financial Group, China Investment Corporation, Rheingau Founders, Vertex Ventures, China Cinda Asset Management, Sovereign’s Capital, Emtek Group, Invesco, Alrai Capital, Didi Chuxing, Toyota Motor Corporation, Macquarie Capital, All-Stars Investment, Tokyo Century, Argonautic Ventures, Honda Motor Co Ltd, Ping An Capital, Meng Xiong Kuok, Yamaha Motor Co., Hyundai Motor Company, SoftBank Vision Fund, GC Capital, Booking Holdings, OppenheimerFunds, Mirae Asset Global Investments, Kasikornbank, Central Group, K3 Ventures, Flourish Ventures, TIS Inc, Stic Investments, Hanwha |
Grab's latest funding round in January 2021 was reported to be $300 m. In total, Grab has raised $10.8 b. Grab's latest valuation is reported to be $14 b.
Grab Revenue
Grab's revenue was reported to be $1 b in Y, 2018
| USD | |
|---|---|
Revenue (Y, 2018) | 1.0b |
Market valuation | 14.0b |
| USD | Y, 2018 |
|---|---|
Revenue/Employee | 110.2k |
Grab Operating Metrics
| Oct, 2014 | Oct, 2015 | Jan, 2016 | Jan, 2017 | Mar, 2017 | Jul, 2017 | Aug, 2017 | Oct, 2017 | Nov, 2017 | Jan, 2018 | Mar, 2018 | Jun, 2018 | Jul, 2018 | Oct, 2018 | Nov, 2018 | Dec, 2018 | Jan, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Drivers | 50 k | 141 k | 200 k | 580 k | 710 k | 1.10 m | 1.20 m | 1.80 m | 2 m | 2.30 m | 2.60 m | 7.10 m | |||||
Downloads | 2.10 m | 30 m | 36 m | 50 m | 55 m | 63 m | 68 m | 77 m | 86 m | 100 m | 109 m | 125 m | 130 m | 130 m | |||
Active Cities | 16 | 26 | 39 | 36 | 87 | 142 | 190 | 225 | 500 | ||||||||
Countries | 6 | 7 | 7 | 8 | 8 | 8 |
Grab Cybersecurity Score
Grab Online and Social Media Presence
22.45k Twitter followers
Grab has 22.45k Twitter Followers. The number of followers has increased 0.7% month over month and increased 2% quarter over quarter
Grab's Trends
Twitter Engagement Stats for @grabsg
17.1k
Tweets
353
Following
22.5k
Followers
126
Tweets last 30 days
0.1
Avg. likes per Tweet
12.7%
Tweets with engagement
Grab News and Updates
June 16, 2020
Grab to lay off 360 people, or about 5% of its employees
Grab is laying off about 360 people, or slightly under 5% of its employees. Co-founder and CEO Anthony Tan made the announcement in a letter to Grab employees today.
August 15, 2018
Grabb-It wants to turn your car’s window into a trippy video billboard
It reminds me of something out of Blade Runner. Maybe it’s because it looks a bit futuristic – a bit unreal. Maybe it’s because I’m looking at an ad somewhere I never expected to see one, like the skyscraper-height ads of Ridley Scott’s future. Grabb-It turns a car’s side rear window into a full col…
August 15, 2018
RF Power Semiconductors for Wireless Infrastructure Over US$1 Billion for 2018 with GaN Grabbing More Share
OYSTER BAY, N.Y., Aug. 15, 2018 /PRNewswire/ -- RF power semiconductors for wireless infrastructure (for <4GHz and >3W) was over a US$1 billion business for 2018. The segment was essentially revenue flat, but Gallium Nitride (GaN) continues to make inroads into this segment. "Gallium...
August 10, 2018
Grab-Uber deal wins Philippines approval but ‘virtual monopolist’ concern remains
Grab’s acquisition of Uber’s Southeast Asia business in May has been embroiled in regulatory scrutiny, but the ride-hailing firm has some positive news after the Philippines’ regulator gave the deal the all-clear. It did so, however, whilst laying out terms to prevent the company from becoming overl…
August 10, 2018
Philippines sets rules for 'virtual monopolist' Grab after Uber deal
The Philippine competition
watchdog said on Friday it has approved ride hail firm Grab's
acquisition of Uber's operations, providing it follows
rules to ensure fairness to consumers given its stranglehold of
the local market.
Grab Blogs
March 08, 2021
AutoInvest Monthly Update – February 2021
February has given us a new budget in Singapore with the motto to shift from containment to restructuring. The key takeaways that are relevant for our portfolios are that: The extraordinary support for the economy continues. The support is very broad based and apart from broad job measures, industry…
March 08, 2021
In the driver’s seat
Each time life threw a curveball, Roseniah Mohamed found herself behind the wheel — her driving skills serving as an all-important economic lifeline. More recently, she jumped at the chance to be a Grab driver-partner with her daughter, the pair teaming up to face yet another of life’s challenges. G…
February 25, 2021
Grab partners with IMDA, DISG to strengthen Singapore’s tech ecosystem
In partnership with IMDA and DISG, Grab commits to further developing its tech talent and R&D capabilities in Singapore Around 350 job opportunities to be made available by end 2021 SINGAPORE, 25 February 2021 – Grab today signed a Memorandum of Intent (MOI) with the Infocomm Media Development A…
February 19, 2021
Grab announces COVID-19 vaccination programme
Vaccine programme focuses on increasing vaccine access and education for passengers, driver and delivery partners with Grab Grab to subsidise Covid-19 vaccinations for driver and delivery partners not covered by their national vaccinations schemes To work with governments to raise public health awar…
February 04, 2021
AutoInvest Monthly Update – January 2021
As the new year starts, we’d like to share our expectations for returns for the AutoInvest portfolio in this monthly update. We’re revising our projected rate for AutoInvest In the second half of 2020, AutoInvest delivered a 1.91% p.a. return – a fantastic result for early investors. However, with a…
February 01, 2021
Grab Closes US$2 Billion Term Loan Facility
SINGAPORE, 1 February 2021 – Grab announced today the successful close of its first senior secured term loan facility, after securing commitments from international institutional investors. The facility is structured as a five year term loan B with a principal amount of US$2 billion. This is the lar…
Grab Frequently Asked Questions
When was Grab founded?
Grab was founded in 2012.
Who are Grab key executives?
Grab's key executives are Anthony Tan, Tan Hooi Ling and Ming Maa.
How many employees does Grab have?
Grab has 32,091 employees.
What is Grab revenue?
Latest Grab annual revenue is $1 b.
What is Grab revenue per employee?
Latest Grab revenue per employee is $31.2 k.
Who are Grab competitors?
Competitors of Grab include Didi Chuxing, Uber and Lyft.
Where is Grab headquarters?
Grab headquarters is located at 28 Sin Ming Lane, #01-143, Singapore.
Where are Grab offices?
Grab has offices in Singapore, Phnom Penh, Petaling Jaya, Yangon and in 3 other locations.
How many offices does Grab have?
Grab has 9 offices.
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