Don't Miss:
27. April 2024
ABOUTADVERTISE CONTACT
   

Tag: grab

Retail Asia23/02/2024
Grab-Vietnam.jpg
Startups

Grab chalks up first profitable quarter, but clouds loom

3min0
Grab Holdings reported its first quarterly profit on Thursday and unveiled a maiden share repurchase program, but the ride-share and food-delivery firm’s weak annual sales forecast fanned growth worries and weighed on its shares. While the Singapore-based company’s ride-share growth hit pre-pandemic levels in 2023, its food-delivery services is rebounding from a slowdown following a […]
CONTINUE READING
Retail Asia22/06/2023
grab.jpg
Startups

Grab cuts 1000 jobs

4min0
Singapore-based Grab Holdings, Southeast Asia’s leading ride-hailing and food delivery app, is cutting 1,000 jobs or 11 per cent of its workforce, its CEO said on Tuesday, citing the need to manage costs and ensure more affordable services long term. In a letter sent to employees late on Tuesday and seen by Reuters, chief executive […]
CONTINUE READING
Retail Asia13/12/2022
grab-1024x683.jpeg
Startups

Grab appoints new managing director for Vietnam

2min0
Grab Vietnam has appointed Alejandro Osorio as its new managing director as part of its drive to achieve “robust sustainable growth” in its local operation. Osorio, an American who has worked for Grab for five years, previously served as director for regional strategy and planning, operations, and most recently was managing director of Grab Thailand. […]
CONTINUE READING
Retail Asia30/09/2022
JustKitchen.jpeg
Startups

JustKitchen enters Thailand via GrabKitchen deal

3min0
Just Kitchen, an operator of ghost kitchens specializing in the development of delivery-only food brands, announces the expansion of JustKitchen’s in-house brands to Thailand (the ” Thailand Location “) via GrabKitchen. For the Thailand Location in the Phayathai area of Bangkok GrabKitchen provides the physical kitchen on a Kitchen-as-a-Service (” KaaS “) basis. The Thailand Location is […]
CONTINUE READING
Retail Asia26/09/2022
Grab-Pay-Later-1280x720.jpg
Startups

Grab sees no big layoffs despite weak market

13min0
Grab , Southeast Asia’s biggest ride-hailing and food delivery firm, does not envisage having to undertake mass layoffs as some rivals have done, and is selectively hiring, while reining in its financial service ambitions. Chief Operating Officer Alex Hungate said that earlier in the year, Grab had been worried about a global recession and was […]
CONTINUE READING
Retail Asia17/08/2022
grab-2.jpg
General

Grab says it canceled heatwave surcharge

1min0
Grab canceled its new heatwave surcharge on motorbike rides on July 7 just one day after imposing it, Vietnam Competition and Consumer Authority announced Monday. It had announced a surcharge of VND3,000-5,000 ($0.13-0.21) meant for drivers. The consumer watchdog told the Singaporean ride-hailing company that all fees and surcharges Grab payable by customers must be […]
CONTINUE READING
Retail Asia08/07/2022
Grabcar.png
General

Grab adds heatwave surcharge on motorbike services

2min0
Grab has become the first ride-hailing firm in Vietnam to announce a new surcharge on its motorbike services starting Thursday. The surcharges are VND5,000 (20 U.S. cents) for each GrabBike trip and GrabFood order in some localities including HCMC, Hanoi, Hai Phong, Da Nang and Can Tho. GrabExpress services in HCMC and Hanoi will attract […]
CONTINUE READING
Retail Asia30/05/2022
grab-1280x670.jpg
Startups

Grab customer attention across channels with a diversified strategy

8min0
E-commerce businesses are fighting for consumers’ attention at an extraordinary rate. In an industry that’s already heavily saturated, hundreds of emerging digital channels have made it increasingly difficult to stand out, writes Simon Kelly, solutions manager, Apac at ChannelAdvisor. Yet, connecting to a diverse pool of customers across multiple platforms is not impossible. Those with […]
CONTINUE READING
Retail Asia17/03/2022
starbucks1.jpg
Finance

Starbucks forges regional partnership with Grab

7min0
Starbucks today announced an integrated partnership with Grab, Southeast Asia’s leading superapp, across six markets, including the Philippines, Thailand, Singapore, Malaysia, Indonesia, and Vietnam. The partnership will provide customers across Southeast Asia with a seamless Starbucks Experience, allowing them to earn Starbucks Rewards benefits on purchases through Grab, have more ways to order and pay […]
CONTINUE READING
Retail Asia08/03/2022
grab-uber.jpg
Startups

Grab to increase all service fares

2min0
Ride-hailing giant Grab will raise all fares from March 10, the first tech-based transport firm to do so amid record-high gasoline prices. GrabCar’s first two-kilometer fare will be raised by VND2,000 ($0.09) to VND29,000 for four-seater and VND34,000 for seven-seater vehicles in Hanoi and Ho Chi Minh City. That of each subsequent kilometer will be […]
CONTINUE READING
Retail Asia15/12/2021
jayagrocer-1-1024x662.jpg
Food

Grab to buy Malaysia’s Jaya Grocer grocery chain

2min0
Southeast Asian ride-hailing and food-delivery giant Grab is to acquire Malaysian grocery chain Jaya Grocer, according to a filing with the US Securities and Exchange Commission. Under the agreement, Grab will acquire Jaya Grocer’s ordinary shares and 75 per cent of preference shares. The company also has the option to buy the remaining 25 per […]
CONTINUE READING
Retail Asia26/07/2021
Grab-Food-1280x988.jpg
Food

Let shippers deliver food, says Grab

2min0
Delivery app Grab wants food delivery services resumed in Hanoi since they help reduce the number of people gathering to fulfill various needs. “Since Hanoi authorities have been limiting the number of people at supermarkets and retail locations to lower the risk of contagion, services like GrabFood, GrabMart and GrabExpress have provided valuable assistance,” it […]
CONTINUE READING

Older Posts

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CONTACT US
CALL US ANYTIME
Most read
Retail updates

Stay up to date of the lates updates and retail news from Asia.






X