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The Latest Breaking News from Grab

Over dinner in Davos, the CEOs of Novartis, Coca-Cola, and Grab shared what’s worrying them

Highlights from Fortune's dinner in Davos.

Fortune

Grab sees foreign users surge in Thailand

Super-app Grab reported a 45% surge in foreign users of its ride-hailing service in Thailand between the second and third quarters of last year, reflecting a recovery of tourism in the country.

Bangkok Post

Actress not lying about bribe: source

A number of officers among the seven Huai Khwang policemen accused by Taiwanese actress Charlene An of extorting 27,000 baht from her in the early morning of Jan 4 have now admitted she was telling the truth, according to a police source.

Bangkok Post

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Actress bribe claim borne out by officers' confessions: source

Bangkok Post

Police chief steps in to bribes row

The national police chief has ordered investigators to find more evidence related to a Taiwanese actress's complaint that police extorted 27,000 baht from her at a checkpoint in Huai Khwang district this month.

Bangkok Post

Police chief steps in to bribes row

Bangkok Post

Police chief wants transparent probe into extortion claim

The national police chief has ordered investigators to find more evidence related to a Taiwanese actress’s complaint that police extorted 27,000 baht from her at a checkpoint in Bangkok's Huai Khwang district earlier this month.

Bangkok Post

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Banking on virtual success

Leading companies in the financial, tech and telecom sectors have expressed interest in developing a virtual bank business, with the aim of exploring greater opportunities in the digital era.

Bangkok Post

Southeast Asia food delivery market slows in risk to Grab, GoTo

SINGAPORE: Southeast Asia’s food delivery spending grew at the slowest pace in at least four years in 2022, highlighting the challenges faced by regional internet giants Grab Holdings Ltd and GoTo Group.

Bangkok Post

How closing the digital divide can improve the global economic outlook for 2023 and beyond

As much as 60% of the global GDP relies on digital communications–and yet a third of the global population remains disconnected from the internet.

Fortune

Regional banks driven to step up digital services

Banks in Thailand and elsewhere in Asia-Pacific are being pressured to improve their digital banking services in 2023, as more tech companies are expected to join the industry amid the use of cloud technology, says cloud banking platform Mambu.

Bangkok Post

Grab spots 2023 consumer trends

Super-app Grab has underscored healthy menus, afternoon snacks and delivery subscriptions as consumer trends that merchants should pay attention to next year.

Bangkok Post

Grab banking on Phuket tuk-tuk service

Super-app Grab has launched "GrabTukTuk" service in Phuket, aiming to capture tourists flocking to the southern island following the country's reopening.

Bangkok Post

Line Man in talks to acquire Foodpanda in Thailand

Food delivery unicorn Line Man Wongnai is in talks to acquire Delivery Hero SE’s Foodpanda in Thailand as it plans for a stock-market debut in the next few years, according to people familiar with the discussions.

Bangkok Post

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Bangkok Post

Grab focuses on long-term journey

Amid economic uncertainty and a spending slowdown, super-app Grab projects the industry is moving towards new business practices where price wars become less intense, focusing instead on building customer loyalty and broadening customer segments.

Bangkok Post

Baggage handlers told to speed up

The Transport Ministry has ordered baggage-handling companies at Suvarnabhumi airport to speed up their services after receiving complaints from people who had to wait up to 90 minutes to collect their luggage.

Bangkok Post

Buy now, pay later lures apps and e-marketplaces

Super apps and e-marketplaces are making a foray into buy now, pay later (BNPL) services in Thailand to stimulate consumption amid economic headwinds and stagnant inflation.

Bangkok Post

Grab enlisted to ease Suvarnabhumi airport taxi woes

Airports of Thailand Plc (AoT) plans to work with the ride-hailing app Grab to solve the shortage of taxi services at both Suvarnabhumi and Don Mueang airports.

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Bangkok Post

Gig workers left to go it alone

On a busy Thursday afternoon in downtown Bangkok, 800 motorcycle delivery drivers clad in iconic green vests converged to protest in front of Grab headquarters on Phetchaburi Road to air their frustration towards its new policy which requires drivers to book a time slot and area to work in.

Bangkok Post

Grab announces new head of Thailand

Grab, an on-demand super-app available in Southeast Asia, has promoted executive director Worachat Luxkanalode to be the new country head of Grab Thailand, effective from today.

Bangkok Post

Suvarnabhumi airport's plan to lure back taxis

Taxi drivers at Suvarnabhumi airport are demanding the airport raise service fees and fares to lure back drivers to solve the problem of a taxi shortage.

Benzinga

Elon Musk Twitter Case Deposition Delayed, FTX US Goes Shopping, Spotify's Analyst Sees Audiobooks Immaterial: Top Financial Media Stories Tuesday, Sept. 27

Bloomberg

Bangkok Post

Line Man Wongnai raises $265m in Series-B funds

Line Man Wongnai, a food delivery service operator, has raised US$265 million in Series-B fundraising, enabling its valuation to surpass $1 billion and thereby achieving unicorn status.

Bangkok Post

GrabMart to woo more small merchants

Grab, an on-demand superapp available in Southeast Asia, is sharpening its focus on "Quick Commerce" by ramping up efforts to attract small-sized merchants to its GrabMart platform to drive growth in this high-potential segment.

AFP

Indonesian gig drivers fear hardship after fuel price hike

Jakarta (AFP) - Sitting on the side of a Jakarta road anxiously waiting for his phone to ping, driver Muhammad Ridwan says it is now barely worth hurtling through thick smog every day to ferry passengers.

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