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Grab is a public company based in Singapore (Singapore), founded in 2012 by Anthony Tan and Hooi Ling Tan. It operates as an App-based ride-hailing aggregator and on-demand delivery service provider. Grab has raised $10.4B in funding from investors like Didi, Hyundai Motor Company and Toyota Tsusho. The company has 130 active competitors, including 8 funded and 8 that have exited. Its top competitors include companies like Glovo, Gojek and Bolt.
Sectors and market segments that Grab operate in
Grab serves in the B2C, B2B space in the Transportation and Logistics Tech, Travel and Hospitality Tech, Auto Tech market segments.The primary business model of Grab are:Company Details
App-based ride-hailing aggregator and on-demand delivery service provider. Users can book rides and deliveries by providing destination, pick-up location, payment details, and more. The company also offer services like financial services along with mobility and essentials deliveries. The app is available for both Android and iOS devices.
- Website
- www.grab.com/sg/
- Social
- Email ID
- *****@grab.com
Key Metrics
Founded Year
2012
Location
Singapore, Singapore
Stage
Public
Total Funding
$10.4B in 32 rounds
Latest Funding Round
Ranked
1st among 130 active competitors
Annual Revenue
2.36B SGD as on Dec 31, 2023
Employee Count
11,934 as on Dec 31, 2023
Exit Details
Public
Legal entities associated with Grab
Grab is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count |
|---|---|---|---|
Jan 01, 2012 | $1.76B (as on Dec 31, 2023) | 11934 (as on Dec 31, 2023) | |
Dec 31, 2012 | - | - | |
Dec 31, 2011 | - | - |
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Grab's funding and investors
Filter this listGrab has raised a total funding of $10.4B over 32 rounds. Its first funding round was on Apr 07, 2014. Its latest funding round was a Post IPO round on Jul 27, 2021 for $375M. 1 investor participated in its latest round, which include Vulcan Capital, GPI Capital, Goldman Sachs and KKR.
Grab has 107 institutional investors including Didi, Hyundai Motor Company and Toyota Tsusho.
Here is the list of recent funding rounds of Grab:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jul 27, 2021 | $375M | Post IPO | - | - | |
Feb 16, 2021 | Undisclosed | Post IPO | $2.15B | - | |
Jan 07, 2021 | $300M | Post IPO | - | - |
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Grab's founders and board of directors
Founder? Claim ProfileThe founders of Grab are Anthony Tan and Hooi Ling Tan. Anthony Tan is the CEO of Grab. Anthony Tan has founded 4 more companies including GrabCycle, Grab and Grab taxi. Hooi Ling Tan has founded 1 more company - Grab taxi.
Grab's board has 2 active members. Abdul Rahim Ali and Gerard Edward Bird are independent board members.
View details of Grab's Founder profiles and Board Members
Grab's employee count trend
Grab has 11,934 employees as of Dec 23. The total employee count is 13.0% more than what it was in Dec 22. Here is Grab's employee count trend over the years:Uncover Grab's growth story! Sign up today!Access Tracxn on any website
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Grab's Competitors and alternates
Top competitors of Grab include Glovo, Gojek and Bolt. Here is the list of Top 10 competitors of Grab, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | App-based ride-hailing aggregator and on-demand delivery service provider | $10.4B | 89/100 | ||
2nd | Online marketplace offering multi-category grocery products | $1.16B | 85/100 | ||
3rd | App based platform offering on demand delivery and ride-hailing services | $4.72B | 83/100 | ||
4th | App-based platform for booking multiple categories of on-demand services | $1.98B | 77/100 | ||
5th | inDrive 2012, Mountain View (United States), Series C | App-based platform for booking multiple categories of services | $387M | 77/100 | |
6th | App-based ride-hailing and multi-category vehicle sharing platform | $76.4M | 70/100 | ||
7th | Dada Group 2014, Shanghai (China), Acquired | Provider of an hyper local delivery platform | $950M | 65/100 | |
8th | On-demand hyperlocal delivery app for food and groceries | $449M | 63/100 | ||
9th | GoTo Group 2015, Jakarta (Indonesia), Acquired | Limited information available | $1.3B | 59/100 | |
10th | Online platform providing multi-category delivery services | - | - | 56/100 |
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Grab's Investments and acquisitions
Filter this listGrab has made 22 investments in companies including Superbank and ThoughtFull. Grab has also acquired 12 companies including Everrise and Chope. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 04, 2025 | Acquisition | 1993 | Kuching, Malaysia | |
Jul 22, 2024 | Acquisition | 2011 | Singapore, Singapore | |
Jul 03, 2024 | Investments | 2021 | Jakarta, Indonesia |
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Reports related to Grab
Here is the latest report on Grab's sector:
News related to Grab
Filter this listMedia has covered Grab for a total of 128 events in the last 1 year, 59 of them have been about company updates and 23 about partnerships.
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Grab reports double-digit growth in mobility, delivery for April-MayThe Star Online•Jun 11, 2025•Grab
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Grab plans US$1.25b convertible bond sale for acquisitions, GoTo acquisition talks stallThe Edge Media Group•Jun 10, 2025•Grab, GoTo Group
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Indonesia wealth fund eyes stake in potential Grab-GoTo dealThe Star Online•Jun 06, 2025•Daya Anagata Nusantara, GoTo.com, Grab
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GrabCab launches in Singapore with new Toyota Prius taxis, Hyundai Kona coming soonThe Business Times•Jun 05, 2025•Grab
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Visa Asia Pacific Unveils AI-Driven Commerce Era with New Solutions and PartnershipsVietnam Investment Review•Jun 05, 2025•Visa, Ant Group, Grab, Tencent
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