Transform 2021 Join us for the world’s leading event about accelerating enterprise transformation with AI and Data, for enterprise technology decision-makers, presented by the #1 publisher in AI and Data Learn More It’s no secret that Big Tech has for years nabbed top technology talent through product acquisitions and acqui-hires. …
Read More »MAS: Non-Banks Like Grab, Razer, Singtel’s Dash To Support PayNow And Fast From Feb 2021
The Monetary Authority of Singapore (MAS) announced today (Nov 30) that eligible non-bank financial institutions (NFIs) will be allowed to connect directly to funds transfer services PayNow and Fast (Fast And Secure Transfers). These NFIs include Grab Financial Group, which operates GrabPay; Razer Fintech, the financial technology arm of gaming …
Read More »From Sea Limited To Grab: Here Are 8 Things I Learnt From Writing On Startups, Bizs In 2020
As each year reaches the end, it sparks me to sit down and reflect how the year has turned out so far. What have I gained and learnt? What can I take with me to the next year? After speaking to entrepreneurs and putting together stories on their business journeys, …
Read More »ShopBack, Razer, Grab Have Faced Data Breaches – How Can S’pore Step Up Cybersecurity?
Startups grow and expand their operations, fuelled by investor funding and government support. However, as they scale up, more consumer data gets processed by them and cybersecurity issues creep in. In recent months, several companies in Singapore, such as ShopBack and RedDoorz, have been the recent target of data breaches. For …
Read More »Find The Cheapest Ride: This S’pore App Compares Fares Among ComfortDelGro, Grab, Gojek
Mark Lim, 34 and Timothy Khor, 28, noticed that railing-hailing prices tend to fluctuate erratically. Rates were also different across multiple apps ranging from private-hire app Grab to taxi operator ComfortDelGro. For example, the quoted rate on one app could be S$ 2 to S$ 3 lower on another app …
Read More »Alibaba Is In Talks To Invest US$3 Billion In Grab, Sources Allege
Alibaba is reportedly in talks to invest US$ 3 billion (S$ 4.1 billion) into Southeast Asian ride-hailing giant Grab Holdings. That’s a fifth of Grab’s last known valuation of US$ 14 billion (S$ 19.1 billion) The e-commerce giant will be acquiring a percentage of the Grab stock held by Uber …
Read More »Maximise Your GrabRewards Points With The New Grab X Maybank Platinum Credit Card
[This is a paid article by Grab.] Grab recently announced that together with Maybank and Mastercard, the company is releasing their very own credit card—dubbed the Maybank Grab Mastercard Platinum Credit Card. And here’s how you can maximise your GrabReward points and discounts on Grab using the new credit card. …
Read More »Grab Users Might Soon Have To Pay An Additional S$0.32 “Platform Fee” For Each Ride
Ride-hailing giant Grab has submitted an application to charge customers an $ 0.32 (including GST) per ride as a “platform fee”. The news was announced by the Competition and Consumer Commission of Singapore (CCCS) in a media release today (28 July). According to Grab, the fee will enable the company …
Read More »COVID-19: Grab To Lay Off 5% Of Its Headcount In Latest Cost-Cutting Measures
Ride-hailing and delivery platform Grab has announced that it will be laying off about 360 people, or slightly under 5 per cent of its employees, in a letter from co-founder and CEO Anthony Tan to Grab employees today (June 16). The layoff comes less than a week after they announced …
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