GRAB

Grab Announces Target to Achieve Zero Packaging Waste in Nature By 2040

Retrieved on: 
Monday, May 8, 2023

Grab Holdings Limited (NASDAQ: GRAB) today announced a new target as part of its Environment, Social and Governance (ESG) commitments.

Key Points: 
  • Grab Holdings Limited (NASDAQ: GRAB) today announced a new target as part of its Environment, Social and Governance (ESG) commitments.
  • Aimed at tackling Southeast Asia’s packaging waste problem, Grab is committing to achieve zero packaging waste in nature by 2040.
  • Grab has mapped out a two-phase approach to reach its waste target.
  • Phase 2 will focus on developing long-term scalable solutions to contribute towards a circular economy by performing proper waste collection and supporting the use of reusable packaging, enabling Grab to achieve its target of zero packaging waste in nature by 2040.

Travel Southeast Asia With Ease: Grab Launches New Features and Tie-Ups to Welcome Travellers Back to the Region

Retrieved on: 
Monday, April 17, 2023

Grab, Southeast Asia’s leading superapp, today announced new in-app travel innovations and partnerships to give travellers a safe, seamless and hyperlocal experience as Southeast Asia embraces a travel comeback.

Key Points: 
  • Grab, Southeast Asia’s leading superapp, today announced new in-app travel innovations and partnerships to give travellers a safe, seamless and hyperlocal experience as Southeast Asia embraces a travel comeback.
  • Grab data shows that more than half of all international travellers2 using Grab are from other Southeast Asian countries.
  • Outside of Southeast Asia, top source markets for travellers using Grab include North America, Australia, China and South Korea.
  • From Q2 2023, Uber users that open the app while in Southeast Asia, will also see a message directing them to Grab as Uber’s recommended way to travel in the region.

SK Inc. to bolster its investment in future mobility in the fast growing Southeast Asian market

Retrieved on: 
Thursday, March 16, 2023

SK Inc. has been leading the global market for vehicle sharing and mobility technology with its investment in Grab and Turo.

Key Points: 
  • SK Inc. has been leading the global market for vehicle sharing and mobility technology with its investment in Grab and Turo.
  • With its global success, SK Inc. plans to bolster its investments in car-sharing, EV charging platforms and self-driving solutions in Korea and Southeast Asia.
  • In particular, the company plans to promote SOCAR Malaysia, of which SK Inc., is the largest shareholder, as Southeast Asia's representative mobility platform.
  • SK Inc. entered the Southeast Asian mobility market in 2017 by forging a joint venture with Korea's SOCAR in Malaysia.

Grab Makes ‘World’s Most Innovative Companies’ by Fast Company for 2023

Retrieved on: 
Friday, March 3, 2023

Grab, Southeast Asia’s leading superapp, has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2023.

Key Points: 
  • Grab, Southeast Asia’s leading superapp, has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2023.
  • On this list are the most innovative companies across the Asia-Pacific region, who are finding local solutions with global implications.
  • Since 2008, Fast Company’s Most Innovative Companies has been the definitive source for recognizing the organizations that are transforming industries and shaping society.
  • The World’s Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year.

Grab Strategic Profile Report 2022 with Focus on Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam - ResearchAndMarkets.com

Retrieved on: 
Friday, November 11, 2022

The "Strategic Profile of Grab" company profile has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Strategic Profile of Grab" company profile has been added to ResearchAndMarkets.com's offering.
  • This research service offers a profile of Grab in Southeast Asia with focus on Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
  • The company profile comprises achievements, recent developments, statistics and financials, platform strategy, service offerings, total workforce, decision-making hubs, the organizational structure's executive committee, social impact, and sustainability initiatives.
  • Grab has helped many traditional offline and small businesses digitize and build their online presence, especially during the pandemic.

Grab targets Group Adjusted EBITDA breakeven by H2 2024 as it accelerates path to profitability

Retrieved on: 
Tuesday, September 27, 2022

Grab Holdings Limited (NASDAQ: GRAB) announced today at its first Investor Day that it is targeting to achieve breakeven on a Group Adjusted EBITDA1 basis by the second half of 2024, as it accelerates its path to profitability.

Key Points: 
  • Grab Holdings Limited (NASDAQ: GRAB) announced today at its first Investor Day that it is targeting to achieve breakeven on a Group Adjusted EBITDA1 basis by the second half of 2024, as it accelerates its path to profitability.
  • This document also includes references to non-IFRS financial measures, which include: Adjusted EBITDA, Segment Adjusted EBITDA and Segment Adjusted EBITDA margin.
  • Segment Adjusted EBITDA is a non-IFRS financial measure, representing the Adjusted EBITDA of each of our four business segments, excluding, in each case, regional corporate costs.
  • Segment Adjusted EBITDA margin is a non-IFRS financial measure calculated as Segment Adjusted EBITDA divided by Gross Merchandise Value.

Seegene launches world's first In-life PCR campaign in Vietnam

Retrieved on: 
Tuesday, July 19, 2022

Seegene's In-life PCR campaign is a global initiative that seeks to encourage regular testing of respiratory viruses, including COVID-19, flu, and colds, to stay protected from infectious diseases.

Key Points: 
  • Seegene's In-life PCR campaign is a global initiative that seeks to encourage regular testing of respiratory viruses, including COVID-19, flu, and colds, to stay protected from infectious diseases.
  • The company will also provide necessary PCR instruments and systems to address increased testing demand from the In-life PCR campaign.
  • Seegene also plans to supply its fully automated PCR solution 'STARlet-AIOS' for convenient and high-throughput workflows.
  • LabHouse is in talks with hospitals in other Vietnamese cities to expand the In-life PCR campaign.

Grab to Be Fully Powered by Its Own Mapping Technology by Q3 2022

Retrieved on: 
Wednesday, June 8, 2022

Today, GrabMaps provides location-based intelligence and services to all Grab verticals in 7 out of the 8 countries it operates in, and Grab expects to be fully self-sufficient2 with GrabMaps by Q3 2022.

Key Points: 
  • Today, GrabMaps provides location-based intelligence and services to all Grab verticals in 7 out of the 8 countries it operates in, and Grab expects to be fully self-sufficient2 with GrabMaps by Q3 2022.
  • Tan Hooi Ling, Co-founder, Grab said, Grab has always sought to build innovative tech that addresses Southeast Asias hyperlocal needs and GrabMaps is a great example of that.
  • Were very proud that soon we will be fully self-powered by our own mapping and location-based technology.
  • Commercializing this technology is another step forward for our young but fast-growing Enterprise and New Initiatives business.

GRAB 2-DAY DEADLINE ALERT: Hagens Berman, National Trial Attorneys, Encourages Grab Holdings Limited (GRAB) Investors with Significant Losses to Contact Firm’s Attorneys Before May 16th Deadline in Securities Class Action

Retrieved on: 
Saturday, May 14, 2022

SAN FRANCISCO, May 14, 2022 (GLOBE NEWSWIRE) -- Hagens Berman urges Grab Holdings Limited (NASDAQ: GRAB) investors who suffered significant losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, May 14, 2022 (GLOBE NEWSWIRE) -- Hagens Berman urges Grab Holdings Limited (NASDAQ: GRAB) investors who suffered significant losses to submit your losses now .
  • A securities fraud class action has been filed and investors with significant losses have an opportunity to lead the case.
  • Grab Holdings Limited (NASDAQ: GRAB) Securities Fraud Class Action:
    The litigation focuses on Grabs statements concerning the sustainability of its growth and business prospects.
  • The company highlighted its huge opportunity to grow further in the firms core businesses in Southeast Asia and other regions.

GRAB; GRABW Deadline Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Grab Holdings Limited Investors of Class Action and Lead Plaintiff Deadline: May 16, 2022

Retrieved on: 
Friday, May 13, 2022

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Grab Holdings Limited (Grab or the Company) (NASDAQ: GRAB , GRABW ) on behalf of purchasers of Grab securities between August 2, 2021, and March 3, 2022, both dates inclusive (the Class Period).

Key Points: 
  • Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Grab Holdings Limited (Grab or the Company) (NASDAQ: GRAB , GRABW ) on behalf of purchasers of Grab securities between August 2, 2021, and March 3, 2022, both dates inclusive (the Class Period).
  • Such investors are encouraged to join this case by visiting the firms site: www.bgandg.com/grab .
  • This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
  • If you suffered a loss in Celsius you have until May 16, 2022, to request that the Court appoint you as lead plaintiff.