Grab

Founded in 2012, Grab provides ride-sharing services, food and grocery delivery, and financial services (payments, consumer loans, and enterprise offerings) in eight Southeast-Asian countries through its mobile platform. The company partners with merchants and

Grab operates in mobility based in Asia-Pacific (APAC), founded in 2014.

Profile

Founded in 2012, Grab provides ride-sharing services, food and grocery delivery, and financial services (payments, consumer loans, and enterprise offerings) in eight Southeast-Asian countries through its mobile platform. The company partners with merchants and riders, connecting them with consumers while charging commission to both sides. Grab has a leading market share in and derives 89% of its revenue from its core businesses, ride-sharing and food delivery. Singapore and Malaysia contributed 58% of revenue as of end-2021. Grab's main competitors in Southeast Asia are Foodpanda and Gojek, the ride-sharing arm of GoTo. Its financial services business is still in its nascent stage and provides minimal revenue currently. The company now also generates advertising revenue.

Within the mobility space, the company focuses on its core offering rather than a broad product line.

The company is recorded as being based in Asia-Pacific (APAC).

It is recorded at the Exited stage.

Recorded headcount: c_01001_05000 employees.

It has disclosed roughly $7.3M in funding.

Website: www.grab.com