Tag - grab

 
 

GRAB

A Grab food delivery cyclist makes a delivery in Singapore on Aug. 21.
BUSINESS / Companies
Nov 5, 2023
Consolidation looms for Southeast Asia’s food delivery giants
With growth in the sector slowing, companies are slimming down or bolstering their ties with other operators.
Japan Times
BUSINESS / Companies
Apr 15, 2021
From Harvard to Nasdaq listing: Grab CEO's ride to world's biggest SPAC deal
The CEO of Grab, a popular app to book taxis, order food and make payments in Southeast Asia, has always been determined to win — from making his firm the best-funded regional start-up to defeating behemoth Uber Technologies.
Japan Times
BUSINESS / Companies
Oct 16, 2020
SoftBank’s Masayoshi Son reportedly brokering a Grab-Gojek truce
A key sticking point remains whether the two companies merge all operations or whether Grab acquires Gojek's business only in Indonesia.
Japan Times
BUSINESS
Jul 14, 2020
Grab deal just the start of MUFG's focus on technology investment, says CEO
Hironori Kamezawa, 58, say the digital shift has picked up pace in the wake of the novel coronavirus pandemic.
BUSINESS / Companies
Feb 20, 2020
MUFG Bank to invest ¥80 billion in ride-hailing service Grab
MUFG Bank will form a capital and business alliance with Singapore-based ride-hailing service Grab, with the view to collaborating on retail financial services, sources have said.
Japan Times
BUSINESS / Companies
Mar 6, 2019
Singapore's Grab raises $1.5 billion from SoftBank fund
Leading Southeast Asian ride-hailing provider Grab raised about $1.5 billion from SoftBank Group Corp.'s Vision Fund, bankrolling its effort to expand into new services across the region.
Japan Times
BUSINESS / Companies
Sep 27, 2018
Plowing millions into Uber, Toyota prepares for a future with fewer privately owned cars
Toyota Motor Corp., Asia's biggest carmaker, is preparing for a potential future where people don't buy cars.
Japan Times
BUSINESS / Companies
Jun 13, 2018
Toyota to acquire $1 billion Grab stake in ride-hailing push
Toyota Motor Corp. will acquire a $1 billion stake in Grab in one of the largest investments by a carmaker in a ride-hailing provider, underscoring the push by the auto industry to move from manufacturing to services.
Japan Times
BUSINESS / Companies
Mar 26, 2018
Uber agrees to sell Southeast Asia business to Grab after costly battle
Ride-hailing firm Uber Technologies Inc. has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms said in a statement on Monday, marking the U.S. company's second retreat from an Asian market.
BUSINESS
Mar 26, 2018
Uber to sell Southeast Asia business to rival Grab: source
Ride-hailing firm Uber Technologies Inc. has agreed to sell its Southeast Asian business to bigger regional rival Grab, a source with direct knowledge of the matter said on Sunday, in what would be the U.S. company's second retreat from Asia.
Japan Times
BUSINESS / Companies
Jun 7, 2017
Uber rival Grab hunts for new deals with SoftBank funding
Grab, Uber Technologies Inc.'s fiercest rival in Southeast Asia, is hunting for deals with funding from its biggest backer SoftBank.
WORLD / Crime & Legal
Aug 22, 2014
JPMorgan customers targeted in email phishing campaign
Fraudsters are targeting JPMorgan Chase & Co customers in an email phishing campaign that is unusual because it attempts to collect credentials for that bank and also infect PCs with a virus for stealing passwords from other institutions.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?