Past, present & future

Spreading our mission across Southeast Asia

Grab kickstarted its adventure by launching GrabTaxi in Malaysia in June 2012. The excitement continued as we spread our wings, entering the Philippines, Singapore, Vietnam, and Indonesia in the years that followed.

Between 2016 and 2020, we continued to spread Grab's mission across Southeast Asia, venturing into Myanmar, and Cambodia. We boosted the services we offer by acquiring Kudo (now GrabKios), Uber's business in Southeast Asia and introducing the GrabPay card, making life a bit simpler for our fantastic users.

But it wasn't just about business deals–we also reinforced our mission to serve the communities of Southeast Asia. In 2019, we launched GrabForGood, a program aimed at making a positive impact where it's needed most.

Sharing hope and soaring to new heights

2021 was a rollercoaster of reflection, change, and progress for Grab. We kicked off the year by introducing the GrabForGood fund in April–a program that truly makes a difference in the lives of our driver, delivery, and merchant partners. From urgently tackling Covid-19 vaccine needs to building foundations for social and economic mobility.

Come June, we shared our first-ever ESG Report, putting our sustainability efforts on the table and proudly embracing our double (soon to be triple) bottom-line philosophy.

We ended the year on a high by going public on Nasdaq! Raising a whopping US$4.5 billion–putting Grab and Southeast Asia on the global map.

Hyper-local drive and financial empowerment

Grab took to the road of financial empowerment and hyper-local focus in 2022. We acquired Jaya Grocer, a Malaysian-based premium supermarket and the country's first "Grocerant.” We also acquired Digibank licenses and launched in Malaysia, Singapore, and Indonesia–making a dedicated move to increase financial empowerment in Southeast Asia. While our Finance Group became known as GrabFin, unveiling Earn+ to elevate our financial services.

Finally, we unveiled GrabMaps, harnessing data from our diverse ecosystem-mappers, driver-partners, merchant-partners, and consumers-to strengthen our hyper-local foundation.

Empowering businesses with evolving tech

In 2023, Grab continued its commitment to empowering small businesses to embrace technology. We acquired Trans-cab Singapore in July through GrabRentals to digitise fleet operations, improve the driving experience for taxi drivers, grow Grab's driver base, and ensure reliability for ride-hailing users.

Another significant milestone was the opening of Grab's first Physical Merchant Centre in Singapore in November. This centre was set up to support small and medium businesses with digital growth through Grab’s services–and it’s the first-of-its-kind merchant centre in Southeast Asia.