Grab (company)

Grab is a multinational ride-hailing company based in Singapore. Founded in 2012, it has expanded its services to include food delivery and digital payments capabilities.

History

Grab was founded by Anthony Tan and Tan Hooi Ling in 2012. The company started as a ride-hailing app, known as GrabTaxi, and has since expanded its services to include private car services (GrabCar), motorcycle taxis (GrabBike), social carpooling (GrabHitch) and last mile delivery (GrabExpress).

In 2014, Grab entered the food delivery market with the launch of GrabFood. The service is now available in several countries across Southeast Asia.

Services

Grab offers a variety of services, including:

• Ride-hailing: Grab offers ride-hailing services in various forms, including taxis, private cars, and motorbikes. Users can book a ride using the Grab app, which uses GPS technology to match passengers with nearby drivers.

• Food delivery: Through GrabFood, users can order food from local restaurants and have it delivered to their doorstep. The service is available in several countries across Southeast Asia.

• Digital payments: Grab offers a mobile payments service called GrabPay, which allows users to pay for rides, food deliveries, and other services using their mobile phone.

Expansion and Growth

Grab has experienced significant growth since its inception. The company has expanded its operations to several countries in Southeast Asia, including Malaysia, Indonesia, Philippines, Vietnam, Thailand, Myanmar, and Cambodia.

In 2018, Grab acquired Uber's Southeast Asia operations, further solidifying its position as the leading ride-hailing company in the region.

Criticism and Controversy

Despite its success, Grab has faced criticism and controversy. The company has been accused of monopolistic practices, particularly following its acquisition of Uber's Southeast Asia operations. It has also faced regulatory scrutiny in several countries.

See Also

• Uber
• Lyft
• Ola Cabs
• Didi Chuxing