Showing 1 - 10 of 18
Planting seeds of sustainability: Grab's carbon offset journey
Business, Suchit Leesa-nguansuk, Published on 20/09/2024
» As the spectre of global boiling looms large, innovative partnerships offer a beacon of hope. Grab, a leading superapp in Southeast Asia, and EcoMatcher, a technology-driven tree-planting platform, have forged an alliance in an effort to combat climate change.
Grab targets substantial growth in 2024
Business, Suchit Leesa-nguansuk, Published on 27/03/2024
» Grab Thailand aims for a double-digit growth rate in 2024 after reaching profitability for the second consecutive year in 2023.
Grab planning to offer loans to merchants
Business, Suchit Leesa-nguansuk, Published on 16/11/2023
» Grab Thailand plans to extend loans worth up to 1 million baht to its merchants to capitalise on digital lending opportunities, aiming for profitability for a second consecutive year in 2023.
Grabbing opportunities
News, Suchit Leesa-nguansuk, Published on 31/10/2023
» After a decade of local operations, Grab Thailand finally achieved profitability in 2022, making it the first ride-hailing and food delivery service in Thailand to escape the red ink.
Food delivery apps ripe for consolidation
Business, Suchit Leesa-nguansuk, Published on 20/10/2023
» Food delivery and ride-hailing platform operators are expanding their businesses amid a stagnant economy, mainly through mergers and acquisitions, cross-platform collaborations, and planned initial public offerings (IPOs).
Grab plans to break even by Q4
Business, Suchit Leesa-nguansuk, Published on 30/05/2023
» Grab, the local operation of the Southeast Asian super application, plans to break even before the fourth quarter as it sees itself on a path to group profitability through its "One Grab" synergy.
Super apps eye other realms
Business, Suchit Leesa-nguansuk, Published on 24/05/2023
» Super app players are focusing more on non-food delivery businesses to seek new growth opportunities in response to the maturity of the online food delivery service market.
Grab sees foreign users surge in Thailand
Business, Suchit Leesa-nguansuk, Published on 01/02/2023
» 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.
Law to protect drivers raises cost concerns
Business, Suchit Leesa-nguansuk, Published on 17/01/2023
» A draft bill meant to protect independent workers and improve their quality of life has unsettled online food delivery platforms as they are concerned about higher costs and having to pass the burden onto customers.
Grab focuses on long-term journey
Business, Suchit Leesa-nguansuk, Published on 10/12/2022
» 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.