Tan Hooi Ling, Co-Founder of Grab; Deputy Prime Minister and Minister for Finance Mr Lawrence Wong and Anthony Tan, Co-Founder and Group CEO of Grab, officially launched Grab HQ @ Singapore on 11 August.

SINGAPORE, August 11, 2022&nbsp;– Grab, Southeast Asia’s leading superapp, announced two new initiatives to drive inclusive growth in Southeast Asia today at the official opening of its Headquarters @ Singapore. The new initiatives include a US$1 million GrabScholar programme to disburse scholarships and bursaries to students across Southeast Asia, and a new GrabMerchant Centre to help small businesses grow online. Grab Headquarters @ Singapore was launched in the presence of Singapore’s Deputy Prime Minister and Minister for Finance Lawrence Wong.

“As we celebrate Grab’s 10th anniversary this year, we hope that our announcements today will help small businesses and our future workforce upskill and maximise their opportunities, even in this challenging macro environment. Providing access to digital tools can be a powerful way to ensure all Southeast Asians can equally participate in – and benefit from – the rising digital economy, the same way 10 years ago when our driver-partners learned how to use their smartphones to earn incomes,” said&nbsp;Anthony Tan, Group CEO and Co-founder, Grab.

“Grab’s new headquarters in Singapore is a testament to Singapore’s growing vibrant digital ecosystem. As Grab grows to 3,000 employees working across corporate, business and tech functions, more exciting and innovative capabilities will be created for our digital economy. We look forward to Singapore’s continued partnership with Grab to create exciting job opportunities for Singaporeans, and to strengthen Singapore as the location for high-end R&amp;D and innovation,”&nbsp;said Chan Ih-Ming, Senior Vice President, Digital Industry Singapore (DISG).

GrabScholar programme to provide US$1 million worth of scholarships and bursaries annually

Grab has committed an annual US$1 million from the&nbsp;<a href="https://www.grab.com/my/press/others/grab-announces-grabforgood-fund-to-benefit-grab-partners-and-communities/">GrabForGood Fund</a>&nbsp;towards the GrabScholar programme, which will provide university scholarships and educational bursaries across all countries Grab operates in Southeast Asia.

GrabScholar programme plans to award over 2,000 scholarships and bursaries annually. It will cover tuition and study-related expenses for underprivileged children to attend primary, secondary or vocational schools as well as universities. Internship opportunities will also be offered to tertiary students to develop their professional aptitude and prepare them for full-time roles when they graduate.

GrabScholar was launched in Indonesia last month in partnership with Yayasan Benih Baik Indonesia[1]. This is in addition to existing scholarship and bursary initiatives that are offered to the children of Grab’s driver-, delivery- and merchant-partners in Singapore and Thailand. This has helped to open access to quality education and transform lives locally. The new region wide GrabScholar programme is an expanded effort to support the broader communities across Southeast Asia.

“We are pleased to partner with Grab to offer the scholarships and bursaries for underprivileged children in Indonesia. Clearly, creating a social impact is at the core of Grab’s mission — the tech company has invested in many different projects to support the local communities. With their strong support, we hope to contribute to the development of inclusive communities, improving the quality of life of their families in the long term,”&nbsp;said Andi F. Noya, Co-founder of BenihBaik.

GrabMerchant Centre to help small businesses thrive online

&nbsp;Grab has been helping small businesses come online in the past two years. As Southeast Asia leaves behind the worst of Covid-19 lockdowns and drives towards recovery, these SMEs have also stabilised their delivery business’ operations and are now ready to scale.

To facilitate this, Grab will soon launch its&nbsp;first-ever GrabMerchant Centre to provide 1-on-1 business consultation services for our SME merchant-partners.&nbsp;It will be&nbsp;located at Grab HQ @ Singapore. GrabMerchant Centre is a one-stop hub dedicated to helping small businesses optimise their online presence, maximise GrabFood, GrabMart, GrabFin and GrabAds services for their businesses, and learn to use digital tools to grow.

GrabMerchant Centre provides a suite of services:

1-on-1 business consultation with Grab Account Managers.&nbsp;Merchant-partners can tap on Grab’s Southeast Asia network, access to data insights and multi-vertical ecosystem. Account managers will provide dedicated consultations to advise on long-term growth plans and provide actionable business insights to help merchant-partners grow to the next level.Prioritised operational assistance.&nbsp;Merchants are able to subscribe to “Merchant Concierge Service”, a prioritised hotline to get direct assistance to solve any operational issues. This ensures their delivery business runs smoothly and reduces downtime.Workshops and networking.&nbsp;The GrabMerchant Centre will regularly organise upskilling workshops to help merchant-partners stay abreast of the latest industry trends and developments. These will also serve as networking sessions to facilitate business connections and a small business community for collective learning. It launched its first-ever GrabMerchant Open House on 5th August 2022 which was well-received by merchant-partners.

The 1-on-1 business consultations were piloted earlier this year, with success stories of how the data insights provided helped small businesses grow their online delivery business volume.

Shannon Lua, Founder of Butter Studio,&nbsp;a bakery chain with four outlets in Singapore, shared:&nbsp;“When COVID-19 hit, I thought I would no longer be able to pursue the big plans I had for Butter Studio. Thankfully there were platforms like Grab to help us maintain our accessibility to customers. We even reached a new customer segment through GrabFood – those who required super last-minute cake deliveries.

Our online sales saw a spike and it motivated us to keep doing better. I decided to sign up for a few sessions with GrabMerchant Centre, which inspired me to make systematic improvements to our delivery offering, like enhancing our menu with better visuals and descriptions, and changing up our operational flow so that our staff could effectively manage walk-in and online orders. Since the first session, we have seen a 30% increase in GrabFood sales on average. I am glad to have kept all four Butter Studio outlets open and we’re back to exploring expansion plans for the business.”

&nbsp;Filzah Miranti Binte Mohd Dawood, Co-Owner, Gerak Nenek Obek, a Malay food stall, shared, “Trying to keep our small stall open during COVID-19 was not easy – we lost many of our regular walk-in customers. I knew it was important to start going online even though my mum was a bit apprehensive initially. I decided to just give it a try and registered our stall on GrabFood. Later, I also signed up for the GrabMerchant Centre service. Through it, I learnt how to use the Ad Manager tool on our merchant app to customise our own banners, and I was advised to sign up for the Islandwide Delivery service to expand my stall’s reach. We saw our GrabFood orders more than triple in three months and half of them come from Islandwide Delivery service. My mother is now a big fan of Grab, she will chide me whenever I forget to turn on the GrabFood Merchant app.”

More details about GrabMerchant Centre’s services and related charges can be found&nbsp;<a href="https://help.grab.com/merchant/en-sg/4408063621145-I-want-to-learn-more-about-the-Grab-Merchant-Centre">here</a>.

Grab HQ @ Singapore is located at one-north business park. Spanning nine floors and more than 42,000 sqm, it brings about 3,000 Grabbers and a R&amp;D Centre under one roof. Apart from the first GrabMerchant Centre, it will also be home to the digibank team. The headquarters is one of two headquarters Grab has in the region. The dual headquarter is based in Jakarta, Indonesia, and serves as Grab’s regional innovation hub for small businesses.

[1]&nbsp;Yayasan Benih Baik Indonesia is a foundation that is focused on helping people in need and vulnerable groups in improving quality of life in Indonesia.

<h1>Grab to drive inclusive growth with new regional GrabScholar Programme and GrabMerchant Centre in Singapore</h1>Grab opens new Headquarters @ Singapore at event graced by Singapore Deputy Prime Minister Lawrence WongTan Hooi Ling, Co-Founder of Grab; Deputy Prime Minister and Minister for Finance Mr Lawrence Wong and Anthony Tan, Co-Founder and Group CEO of Grab, officially launched Grab HQ @ Singapore on 11 August.SINGAPORE, August 11, 2022&nbsp;– Grab, Southeast Asia’s leading superapp, announced two new initiatives to drive inclusive growth in Southeast Asia today at the official opening of its Headquarters @ Singapore. The new initiatives include a US$1 million GrabScholar programme to disburse scholarships and bursaries to students across Southeast Asia, and a new GrabMerchant Centre to help small businesses grow online. Grab Headquarters @ Singapore was launched in the presence of Singapore’s Deputy Prime Minister and Minister for Finance Lawrence Wong.“As we celebrate Grab’s 10th anniversary this year, we hope that our announcements today will help small businesses and our future workforce upskill and maximise their opportunities, even in this challenging macro environment. Providing access to digital tools can be a powerful way to ensure all Southeast Asians can equally participate in – and benefit from – the rising digital economy, the same way 10 years ago when our driver-partners learned how to use their smartphones to earn incomes,” said&nbsp;Anthony Tan, Group CEO and Co-founder, Grab.“Grab’s new headquarters in Singapore is a testament to Singapore’s growing vibrant digital ecosystem. As Grab grows to 3,000 employees working across corporate, business and tech functions, more exciting and innovative capabilities will be created for our digital economy. We look forward to Singapore’s continued partnership with Grab to create exciting job opportunities for Singaporeans, and to strengthen Singapore as the location for high-end R&amp;D and innovation,”&nbsp;said Chan Ih-Ming, Senior Vice President, Digital Industry Singapore (DISG).GrabScholar programme to provide US$1 million worth of scholarships and bursaries annuallyGrab has committed an annual US$1 million from the&nbsp;<a href="https://www.grab.com/my/press/others/grab-announces-grabforgood-fund-to-benefit-grab-partners-and-communities/">GrabForGood Fund</a>&nbsp;towards the GrabScholar programme, which will provide university scholarships and educational bursaries across all countries Grab operates in Southeast Asia.GrabScholar programme plans to award over 2,000 scholarships and bursaries annually. It will cover tuition and study-related expenses for underprivileged children to attend primary, secondary or vocational schools as well as universities. Internship opportunities will also be offered to tertiary students to develop their professional aptitude and prepare them for full-time roles when they graduate.GrabScholar was launched in Indonesia last month in partnership with Yayasan Benih Baik Indonesia[1]. This is in addition to existing scholarship and bursary initiatives that are offered to the children of Grab’s driver-, delivery- and merchant-partners in Singapore and Thailand. This has helped to open access to quality education and transform lives locally. The new region wide GrabScholar programme is an expanded effort to support the broader communities across Southeast Asia.“We are pleased to partner with Grab to offer the scholarships and bursaries for underprivileged children in Indonesia. Clearly, creating a social impact is at the core of Grab’s mission — the tech company has invested in many different projects to support the local communities. With their strong support, we hope to contribute to the development of inclusive communities, improving the quality of life of their families in the long term,”&nbsp;said Andi F. Noya, Co-founder of BenihBaik.GrabMerchant Centre to help small businesses thrive online&nbsp;Grab has been helping small businesses come online in the past two years. As Southeast Asia leaves behind the worst of Covid-19 lockdowns and drives towards recovery, these SMEs have also stabilised their delivery business’ operations and are now ready to scale.To facilitate this, Grab will soon launch its&nbsp;first-ever GrabMerchant Centre to provide 1-on-1 business consultation services for our SME merchant-partners.&nbsp;It will be&nbsp;located at Grab HQ @ Singapore. GrabMerchant Centre is a one-stop hub dedicated to helping small businesses optimise their online presence, maximise GrabFood, GrabMart, GrabFin and GrabAds services for their businesses, and learn to use digital tools to grow.GrabMerchant Centre provides a suite of services:1-on-1 business consultation with Grab Account Managers.&nbsp;Merchant-partners can tap on Grab’s Southeast Asia network, access to data insights and multi-vertical ecosystem. Account managers will provide dedicated consultations to advise on long-term growth plans and provide actionable business insights to help merchant-partners grow to the next level.Prioritised operational assistance.&nbsp;Merchants are able to subscribe to “Merchant Concierge Service”, a prioritised hotline to get direct assistance to solve any operational issues. This ensures their delivery business runs smoothly and reduces downtime.Workshops and networking.&nbsp;The GrabMerchant Centre will regularly organise upskilling workshops to help merchant-partners stay abreast of the latest industry trends and developments. These will also serve as networking sessions to facilitate business connections and a small business community for collective learning. It launched its first-ever GrabMerchant Open House on 5th August 2022 which was well-received by merchant-partners.The 1-on-1 business consultations were piloted earlier this year, with success stories of how the data insights provided helped small businesses grow their online delivery business volume.Shannon Lua, Founder of Butter Studio,&nbsp;a bakery chain with four outlets in Singapore, shared:&nbsp;“When COVID-19 hit, I thought I would no longer be able to pursue the big plans I had for Butter Studio. Thankfully there were platforms like Grab to help us maintain our accessibility to customers. We even reached a new customer segment through GrabFood – those who required super last-minute cake deliveries.Our online sales saw a spike and it motivated us to keep doing better. I decided to sign up for a few sessions with GrabMerchant Centre, which inspired me to make systematic improvements to our delivery offering, like enhancing our menu with better visuals and descriptions, and changing up our operational flow so that our staff could effectively manage walk-in and online orders. Since the first session, we have seen a 30% increase in GrabFood sales on average. I am glad to have kept all four Butter Studio outlets open and we’re back to exploring expansion plans for the business.”&nbsp;Filzah Miranti Binte Mohd Dawood, Co-Owner, Gerak Nenek Obek, a Malay food stall, shared, “Trying to keep our small stall open during COVID-19 was not easy – we lost many of our regular walk-in customers. I knew it was important to start going online even though my mum was a bit apprehensive initially. I decided to just give it a try and registered our stall on GrabFood. Later, I also signed up for the GrabMerchant Centre service. Through it, I learnt how to use the Ad Manager tool on our merchant app to customise our own banners, and I was advised to sign up for the Islandwide Delivery service to expand my stall’s reach. We saw our GrabFood orders more than triple in three months and half of them come from Islandwide Delivery service. My mother is now a big fan of Grab, she will chide me whenever I forget to turn on the GrabFood Merchant app.”More details about GrabMerchant Centre’s services and related charges can be found&nbsp;<a href="https://help.grab.com/merchant/en-sg/4408063621145-I-want-to-learn-more-about-the-Grab-Merchant-Centre">here</a>.Grab HQ @ Singapore is located at one-north business park. Spanning nine floors and more than 42,000 sqm, it brings about 3,000 Grabbers and a R&amp;D Centre under one roof. Apart from the first GrabMerchant Centre, it will also be home to the digibank team. The headquarters is one of two headquarters Grab has in the region. The dual headquarter is based in Jakarta, Indonesia, and serves as Grab’s regional innovation hub for small businesses.[1]&nbsp;Yayasan Benih Baik Indonesia is a foundation that is focused on helping people in need and vulnerable groups in improving quality of life in Indonesia.

Servers / Peripherals

System / Website / Application development

Mobile app

Grab opens new Headquarters @ Singapore at event graced by Singapore Deputy Prime Minister Lawrence Wong

Grab to drive inclusive growth with new regional GrabScholar Programme and GrabMerchant Centre in Singapore

SINGAPORE, 20 July, 2023&nbsp;— Grab Holdings Limited (NASDAQ: GRAB) and Trans-cab Holdings Ltd (“Trans-cab”) today announced the signing of an agreement for Grab Rentals Pte. Ltd. to acquire 100% of the shares in Trans-cab. Trans-cab is Singapore’s third largest taxi operator, a familiar and well-respected local brand that has been serving Singaporeans since 2003. Trans-cab has a combined taxi and private-hire-vehicle (PHV) fleet of more than 2,500 vehicles, and is accretive on a net income basis to Grab’s business. The acquisition includes Trans-cab’s taxi and car rental business, maintenance workshop, and fuel pump operations.&nbsp;

“Consumer behaviours have shifted and we’ve recognized for some time the need to digitise the business and ensure our taxi drivers can continue to be competitive. We are confident this deal protects their future,” said&nbsp;Jasmine Tan, General Manager, Trans-cab. “Grab’s industry-leading tech will help our taxi drivers drive more productively and safely while serving their passengers better. We know that Grab cares deeply about their driver-partners, just as we do. We are entering this deal with full assurance that Grab will do their best to safeguard the livelihoods of our taxi drivers.”

“Mr. Teo’s story is truly inspiring. He built multiple successful businesses from humble beginnings and we’re incredibly proud to continue part of his legacy. Trans-cab is a very well-run taxi company and there is a lot that we can learn from Mr. Teo and the Trans-cab team. We look forward to welcoming the Trans-cab fleet and team into ours,” said&nbsp;Yee Wee Tang, Managing Director, Grab Singapore.&nbsp;“We see this as a strategic match with win-win-win outcomes for all. By boosting the number of drivers on our platform and helping them to operate more efficiently, we improve how quickly and reliably we find a ride for our passengers, whenever they need one.”

“Trans-cab is very close to my heart, and our taxi drivers are like family. Together with them, we grew Trans-cab from just a small fleet of 50 taxis two decades ago, to become Singapore’s second largest taxi company at one point. As we consider their future and what is best for them, I feel assured that with Grab, we have found the right partner to hand over Trans-cab to, who will do what is best for the drivers and the business,” said&nbsp;Mr. Teo Kiang Ang, Founder and Chairman of Trans-cab.

Grab technology to improve driving experience for Trans-cab drivers

Grab plans to launch an enhanced Grab Driver application that will be integrated with the Mobile Display Units in Trans-cab taxis. The app will enable Trans-cab taxi drivers to manage their earnings and receive bookings from the Grab platform as well as Trans-cab’s existing call centre, all through a single platform. With Grab’s allocation technology, Trans-cab drivers will be assigned bookings in a highly efficient and intelligent way, maximising their productivity so they can earn more.&nbsp;

Grab also plans to explore combining software with vehicle hardware to further enhance the driving experience. For example, Grab is exploring a pilot to place large displays in-vehicle where drivers can manage all jobs including street hail through one interface, with additional features like navigation that drivers can choose to use. Additionally, Grab plans to use tech to improve the taxi-sharing experience, which is currently done manually between taxi drivers on an ad-hoc basis.

Trans-cab drivers that join the Grab platform will also receive benefits offered to all Grab driver-partners, including free coverage through Grab’s Personal Accident Insurance whenever they are online on the Grab platform, as well as access to GrabAcademy, where they can pick up skills from a wide range of free courses from data analytics to supply chain management and digital marketing. Driver-partners can also participate in Grab’s loyalty programs for additional rewards.

Acquisition to help Grab grow driver base to make it easier for passengers to find a ride

Singapore has faced an industry-wide driver supply crunch since the pandemic, resulting in higher fares as prices surge due to demand and supply imbalance.

Grab has worked on a number of initiatives to improve driver supply, whether by streamlining its onboarding process for new driver-partners, or by optimising its current driver-partner pool through tech. Acquiring Trans-cab’s taxi and car rental business will give Grab a larger base of driver-partners, benefiting passengers with more reliable allocation, especially during peak hours.

GrabRentals, the private-hire car rental arm of Grab, is also expected to benefit from greater operational efficiency and reduced costs by tapping into Trans-cab’s experience and expertise in fleet support through its maintenance workshop. A larger fleet size will also allow GrabRentals to derive savings from scale in areas like auto insurance premiums and procurement of parts.&nbsp;

The board of directors of Grab and Trans-cab have approved the transaction. The transaction is currently expected to close in the fourth quarter of 2023, subject to regulatory approvals and other customary closing conditions.

<h1>Grab to acquire Trans-cab through its GrabRentals arm</h1>Combination to digitise Trans-cab’s fleet operations and improve driving experience for its taxi drivers; grow driver base for Grab and improve reliability for ride-hailing usersSINGAPORE, 20 July, 2023&nbsp;— Grab Holdings Limited (NASDAQ: GRAB) and Trans-cab Holdings Ltd (“Trans-cab”) today announced the signing of an agreement for Grab Rentals Pte. Ltd. to acquire 100% of the shares in Trans-cab. Trans-cab is Singapore’s third largest taxi operator, a familiar and well-respected local brand that has been serving Singaporeans since 2003. Trans-cab has a combined taxi and private-hire-vehicle (PHV) fleet of more than 2,500 vehicles, and is accretive on a net income basis to Grab’s business. The acquisition includes Trans-cab’s taxi and car rental business, maintenance workshop, and fuel pump operations.&nbsp;“Consumer behaviours have shifted and we’ve recognized for some time the need to digitise the business and ensure our taxi drivers can continue to be competitive. We are confident this deal protects their future,” said&nbsp;Jasmine Tan, General Manager, Trans-cab. “Grab’s industry-leading tech will help our taxi drivers drive more productively and safely while serving their passengers better. We know that Grab cares deeply about their driver-partners, just as we do. We are entering this deal with full assurance that Grab will do their best to safeguard the livelihoods of our taxi drivers.”“Mr. Teo’s story is truly inspiring. He built multiple successful businesses from humble beginnings and we’re incredibly proud to continue part of his legacy. Trans-cab is a very well-run taxi company and there is a lot that we can learn from Mr. Teo and the Trans-cab team. We look forward to welcoming the Trans-cab fleet and team into ours,” said&nbsp;Yee Wee Tang, Managing Director, Grab Singapore.&nbsp;“We see this as a strategic match with win-win-win outcomes for all. By boosting the number of drivers on our platform and helping them to operate more efficiently, we improve how quickly and reliably we find a ride for our passengers, whenever they need one.”“Trans-cab is very close to my heart, and our taxi drivers are like family. Together with them, we grew Trans-cab from just a small fleet of 50 taxis two decades ago, to become Singapore’s second largest taxi company at one point. As we consider their future and what is best for them, I feel assured that with Grab, we have found the right partner to hand over Trans-cab to, who will do what is best for the drivers and the business,” said&nbsp;Mr. Teo Kiang Ang, Founder and Chairman of Trans-cab.Grab technology to improve driving experience for Trans-cab driversGrab plans to launch an enhanced Grab Driver application that will be integrated with the Mobile Display Units in Trans-cab taxis. The app will enable Trans-cab taxi drivers to manage their earnings and receive bookings from the Grab platform as well as Trans-cab’s existing call centre, all through a single platform. With Grab’s allocation technology, Trans-cab drivers will be assigned bookings in a highly efficient and intelligent way, maximising their productivity so they can earn more.&nbsp;Grab also plans to explore combining software with vehicle hardware to further enhance the driving experience. For example, Grab is exploring a pilot to place large displays in-vehicle where drivers can manage all jobs including street hail through one interface, with additional features like navigation that drivers can choose to use. Additionally, Grab plans to use tech to improve the taxi-sharing experience, which is currently done manually between taxi drivers on an ad-hoc basis.Trans-cab drivers that join the Grab platform will also receive benefits offered to all Grab driver-partners, including free coverage through Grab’s Personal Accident Insurance whenever they are online on the Grab platform, as well as access to GrabAcademy, where they can pick up skills from a wide range of free courses from data analytics to supply chain management and digital marketing. Driver-partners can also participate in Grab’s loyalty programs for additional rewards.Acquisition to help Grab grow driver base to make it easier for passengers to find a rideSingapore has faced an industry-wide driver supply crunch since the pandemic, resulting in higher fares as prices surge due to demand and supply imbalance.Grab has worked on a number of initiatives to improve driver supply, whether by streamlining its onboarding process for new driver-partners, or by optimising its current driver-partner pool through tech. Acquiring Trans-cab’s taxi and car rental business will give Grab a larger base of driver-partners, benefiting passengers with more reliable allocation, especially during peak hours.GrabRentals, the private-hire car rental arm of Grab, is also expected to benefit from greater operational efficiency and reduced costs by tapping into Trans-cab’s experience and expertise in fleet support through its maintenance workshop. A larger fleet size will also allow GrabRentals to derive savings from scale in areas like auto insurance premiums and procurement of parts.&nbsp;The board of directors of Grab and Trans-cab have approved the transaction. The transaction is currently expected to close in the fourth quarter of 2023, subject to regulatory approvals and other customary closing conditions.Grab operates a mobile technology platform that integrates city transportation for driver-partners and customers in South East Asia. It offers services like GrabTaxi, GrabCar, GrabHitch, GrabShare, GrabCoach, GrabShuttle, GrabShuttle Plus, GrabFamily, JustGrab, GrabNow, and GrabRental.

Grab offers services in Singapore, Indonesia, Philippines,Malaysia, Thailand, Vietnam, and Myanmar. Anthony Tan and Tan Hooi Lng founded it in 2012 and is headquartered in Singapore. It has additional offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam.For media inquiries, please email
press@grab.com

Travel / Sightseeing

Venture Capitals

Combination to digitise Trans-cab’s fleet operations and improve driving experience for its taxi drivers; grow driver base for Grab and improve reliability for ride-hailing users