Singapore-based ride-hailing/delivery platform Grab is touting its artificial intelligence (AI) use amid increasing revenues. “AI is now embedded in the Grab way of life, whether it’s in our products or the way we work,” Peter Oey, chief financial officer of the ride-hailing and delivery platform, told CNBC in...
Seeking Alpha reported Monday (July 6) that Uber Technologies CEO Dara Khosrowshahi has stepped down from the board of directors at Grab Holdings Limited, effective immediately. The executive’s departure from the board of the prominent ride-hailing and delivery network prompted a swift market reaction, with...
Grab Holdings is betting that 14 years of hyper-localized data can outrun seasonal slumps and regulatory headwinds in Southeast Asia. The Singapore-based “super-app” reported first-quarter results Tuesday (May 5) that showed revenues up 24%, and highlighted the increasing reliance on artificial intelligence (AI) to squeeze...
Grab is preparing to launch artificial intelligence-powered robots “very soon” to help delivery drivers pick up meal orders from restaurants more quickly, according to Grab Co-founder and Group CEO Anthony Tan. The robot, dubbed “Carri,” is one of several AI-powered solutions unveiled by Tan in...
March 10, 2020
The small business credit gap is a global issue, a problem that banks and FinTechs continue to hack away at, yet one that remains stubbornly persistent. In markets like Southeast Asia, high rates of credit-invisible, underbanked small businesses make filling the small business credit gap an even more difficult challenge. At the root of the […]
February 27, 2020
It’s no accident that technology companies that have historically not operated in the financial services space are expanding into the small business lending arena. With more SMBs embracing digitization, the...
January 03, 2020
In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses...
December 24, 2019
PYMNTS doesn’t just cover the news. We regularly feature podcast conversion with the leading experts, executives and entrepreneurs involved in transactions and commerce and all the related areas in between....
September 10, 2026
Ride-hailing/food-delivery company Grab is reportedly in discussions to acquire Singapore-based buy-now-pay-later provider Atome Financial. That deal could value Atome at more than $2 billion, Bloomberg News reported Thursday (Sept. 10), citing sources familiar with the talks. As Bloomberg notes, Grab has been working to fuel growth through acquisitions. The company this year acquired Stash Financial […]
August 04, 2026
Singapore-based ride-hailing/delivery platform Grab is touting its artificial intelligence (AI) use amid increasing revenues. “AI is now embedded in the Grab way of life, whether it’s in our products or the way...
July 06, 2026
Seeking Alpha reported Monday (July 6) that Uber Technologies CEO Dara Khosrowshahi has stepped down from the board of directors at Grab Holdings Limited, effective immediately. The executive’s departure from...
May 05, 2026
Grab Holdings is betting that 14 years of hyper-localized data can outrun seasonal slumps and regulatory headwinds in Southeast Asia. The Singapore-based “super-app” reported first-quarter results Tuesday (May 5) that...