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Grab Holdings Ltd. (Singapore)

Main Activities: All Other Business Support Services
Full name: Grab Holdings Ltd. Profile Updated: March 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company provides superapps that allows access to mobility, delivery, financial services, and enterprise offerings through its mobile application.
The Company is Southeast Asia's superapp, operating primarily across the deliveries, mobility and digital financial services sectors Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. The Company enable millions of people each day to access driver- and merchant-partners to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending, insurance, wealth management and telemedicine. Its platform enables important high frequency hyperlocal consumer services—all through a single “everyday everything” app. Based on Euromonitor's independent analysis. Notably, Euromonitor found that Grab continues to be the leading ride- hailing and food delivery platform in Indonesia.
The Company has segment: Deliveries, Mobility, Financial services, Enterprise and new initiatives.
HISTORY
2011 - The Company was first incorporated in July 2011 as MyTeksi Sdn. Bhd., a Malaysian private limited company.
2012 - The Company launched its mobility business in June 2012 in Malaysia with its taxi-hailing booking service MyTeksi.
2013 - 2017: Commenced operations in Singapore, the Philippines, Thailand, Indonesia, Vietnam, Cambodia and Myanmar
In June 2013, GrabTaxi Holdings Pte. Ltd., a Singapore private limited company, was incorporated as the ultimate corporate parent of our subsidiaries, consolidated affiliated entities and other holdings. In April 2015, the Company conducted a holding company reorganization and incorporated Grab Inc., a Cayman Islands limited liability company, as the ultimate corporate parent of group. In 2016, the Company rebranded from MyTeksi/GrabTaxi to Grab.
2018: In March 2018, Grab Inc. completed another holding company reorganization in which Grab Holdings Inc., or GHI, became the ultimate corporate parent of group. The Company completed the acquisition of Uber's business in Southeast Asia through an all-share deal following which Uber became a major strategic shareholder in Grab
2019: Launched GrabForGood, Grab's social impact program.
2021: Announced GrabForGood Fund
The Company was incorporated in the Cayman Islands on March 12, 2021. The Company is change name to Grab Holdings Limited on on April 20, 2021.
In December 2021, the Business Combination was completed, upon which Grab Holdings Limited, or GHL, became the ultimate corporate parent of group
On December 2, 2021, its Class A Ordinary Shares and Warrants commenced trading on the NASDAQ, under the symbols “GRAB” and “GRABW,” respectively.
2022: Completed acquisition of the majority economic interest in Jaya Grocer

Headquarters
3 Media Close, 01-03/06
Singapore; Singapore; Postal Code: 138498

Contact Details: Purchase the Grab Holdings Ltd. report to view the information.

Website: http://www.grab.com/sg

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2012
Key Executives
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Chairman
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President
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Chief Financial Officer
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Chief Operating Officer
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Chief Technology Officer
Ownership Details
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18.3%
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14%
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1.88%
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Subsidiaries
J2 Holdings Inc. (United Kingdom)
100%
Aa Holdings Inc. (United Kingdom)
Gp Network Asia Pte. Ltd.
Company Performance
Financial values in the chart are available after Grab Holdings Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
64.62%
Total operating revenue
64.29%
Operating profit (EBIT)
69.51%
EBITDA
73.52%
Net Profit (Loss) for the Period
72.13%
Total assets
-4.12%
Total equity
-2.84%
Operating Profit Margin (ROS)
91.94%
Net Profit Margin
100.86%
Return on Equity (ROE)
18.64%
Debt to Equity Ratio
-8.24%
Quick Ratio
-1.27%
Cash Ratio
0.4%

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