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Founded Year

2012

Stage

Corporate Minority - P2P | IPO

Total Raised

$12.431B

Market Cap

12.26B

Stock Price

3.16

Revenue

$0000 

About Grab

Grab (NASDAQ: GRAB) operates as a transportation and mobile payment platform. It offers private car, motorbike, taxi, and carpooling services. It allows users to share their journey through social media or messaging applications with friends and family. It provides security for passengers, the ability to rate drivers and view their information. Grab was formerly known as GrabTaxi. It was founded in 2012 and is based in Singapore.

Headquarters Location

3 Media Close

Singapore, 138498,

Singapore

+659 684 1256

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ESPs containing Grab

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / Food & Grocery Tech

The on-demand grocery delivery market caters to the busy lifestyles of modern consumers looking to purchase groceries without leaving their home. Platforms in this market offer convenience and prompt services, delivering everything customers need within a short timeframe. They bring local sellers online, provide a larger choice of products at competitive prices, and can offer discounts that are ex…

Grab named as Leader among 15 other companies, including Amazon, Instacart, and DoorDash.

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Expert Collections containing Grab

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Grab is included in 8 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

5,427 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

G

Grocery Retail Tech

648 items

Startups providing B2B solutions to grocery businesses to improve their store and omni-channel performance. Includes customer analytics platforms, in-store robots, predictive inventory management systems, online enablement for grocers and consumables retailers, and more.

O

On-Demand

1,243 items

P

Payments

3,020 items

Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.

M

Mobility-as-a-Service

615 items

Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.

F

Food & Meal Delivery

1,523 items

Startups and tech companies offering online grocery, food, beverage, and meal delivery services.

Grab Patents

Grab has filed 3 patents.

The 3 most popular patent topics include:

  • bones of the head and neck
  • gloves
  • golf equipment
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/5/2015

6/2/2020

Promotion and marketing communications, Social information processing, Advertising techniques, Advertising, Social networking services

Grant

Application Date

7/5/2015

Grant Date

6/2/2020

Title

Related Topics

Promotion and marketing communications, Social information processing, Advertising techniques, Advertising, Social networking services

Status

Grant

Latest Grab News

Bill legalizing motorcycle taxis a legislative priority

Feb 25, 2024

3 minute read SPEAKER Ferdinand Martin G. Romualdez announced last Sunday the prioritization of House Bill (HB) 3412, which aims to legalize motorcycles as public transportation vehicles and reform existing transportation network vehicle service (TNVS) regulations. According to Romualdez, the legislative action is a response to recent directives from President Ferdinand R. Marcos Jr. for increased transportation options for Filipinos, specifically endorsing the legalization of motorcycle taxis and the relaxation of TNVS regulations. The president’s stance became evident after a meeting with executives from Grab Holdings Inc. in Malacañang, emphasizing the need for diverse and accessible transportation solutions. “The maintenance of peace and order, the protection of life, liberty, and property, and the promotion of the general welfare are foundational to our democracy. It’s imperative to adapt our laws to the evolving transportation landscape to ensure the well-being and convenience of our citizens,” Romualdez said. HB 3412 aims to address the legal barriers that currently prevent motorcycles from being used as common carriers, thereby fostering a more inclusive and flexible transportation framework. This initiative is also seen as a step towards formalizing the status of motorcycle taxis, which have been operating under pilot testing in Metro Manila and Cebu since 2019. The bill is also seen as a response to the rapid development of app-driven transport network companies, which has highlighted the necessity for updated regulations that keep pace with technological advancements and evolving public needs, according to lawmakers. The proposed legislation is expected to facilitate better regulation, enhance safety standards, and contribute significantly to the country’s economic recovery post-pandemic. “The legalization of motorcycle taxis and the relaxation of TNVS regulations align with our goals to provide more choices for passengers, drivers, and businesses, particularly MSMEs,” Romualdez said. “This approach not only addresses the demand for more accessible public transport but also contributes to the economic recovery and employment opportunities in the country.” The move to prioritize HB 3412 reflects the government’s commitment to enhancing the nation’s transportation infrastructure and regulatory environment, in line with the president’s vision for a more progressive and inclusive Philippines, the Speaker added. Exclude Grab MEANWHILE, the Department of Transportation’s technical working group decided to exclude Grab from the pilot study on motorcycle transport services, or MC taxis, House Committee on Metro Manila Development Vice Chairman Joel R. Chua said last Sunday. Chua welcomed the decision, citing various violations on Grab’s part uncovered during committee hearings. He deemed the DOTR-TWG’s ruling fair, emphasizing the need to hold companies accountable for their actions. “During the committee hearing, we discovered several violations on the part of Grab. So it’s a welcome development [that the company is excluded]. It was the right decision, a fair decision on the part of the DOTR-TWG,” Chua said. The decision to exclude Grab apparently emanated from the MC taxi TWG, headed by Land Transportation Franchising and Regulatory Board (LTFRB) Chairman Teofilo E. Guadiz III. When asked about pursuing further accountability from Grab, Chua stated that the Metro Manila Development Panel would abide by the committee’s decision. Chua had previously criticized Grab for attempting to bypass government regulations and gain dominance in the app-based transportation sector, particularly after its acquisition of We-Load Transcargo Corp. (Move It) in August 2022, despite the DOT’s rejection of the partnership. It was during the House panel investigation last year that the lawmakers found “multiple instances of non-compliance with proper procedures and the circumvention of government regulations” from Grab. It was Chua who placed a spotlight on Grab’s other violations during the House probe. This included unpaid penalties, overcharging, dominance abuse, and even mistreatment of its riders. The Manila lawmaker said the company failed to meet financial obligations set by the Philippine Competition Commission (PCC). He said that while Grab was ordered to pay P25.45 million in refunds, the firm only paid P6.15 million. The PCC had also said that Grab continued to increase its fares despite allegations of overcharging. At any rate, Chua said he and the House panel “echo the call of the President to legalize the MC taxi.” “I hope both Houses of Congress will give priority to the MC taxi bill that we sponsored so that issues that will affect the riding public as well as the drivers will be addressed,” he said.

Grab Frequently Asked Questions (FAQ)

  • When was Grab founded?

    Grab was founded in 2012.

  • Where is Grab's headquarters?

    Grab's headquarters is located at 3 Media Close, Singapore.

  • What is Grab's latest funding round?

    Grab's latest funding round is Corporate Minority - P2P.

  • How much did Grab raise?

    Grab raised a total of $12.431B.

  • Who are the investors of Grab?

    Investors of Grab include Temasek, Altimeter Growth, Emtek Group, Signite Partners, HSBC and 50 more.

  • Who are Grab's competitors?

    Competitors of Grab include Cabify, Shadowfax, Blacklane, Delhivery, Ola and 7 more.

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T
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