Grab opens Accelerator Programme

Grab announced on Wednesday that it has opened a batch of two accelerator programmes for startups, targeting post-seed businesses focusing on agriculture. The accelerator programme, called Grab Ventures Velocity, aims to nurture 3 to 5 post-seed Southeast Asia-based startups that could empower farmers by creating a sustainable fresh food supply chain in the ecosystem. Collected from: Dealstreetasia
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Grab and Idooh partner up to bring in-car ads

Idooh has partnered with GrabAds, Grab’s online-to-offline advertising platform, to deploy in-vehicle media screens in GrabCars in the Philippines. Fully interactive 10-inch Idooh display tablets will be installed into selected GrabCar vehicles, providing passengers with updates on lifestyle, news, and entertainment as well as e-commerce options while in transit.  Grab drivers can look forward to an additional revenue source of monthly
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Grab, NUS trial e-scooter sharing service, GrabWheels

A three-month trial has begun for Grab's e-scooter sharing service GrabWheels at the National University of Singapore's (NUS) Kent Ridge campus. E-scooters have been deployed across eight parking stations on campus in the pilot, which sees the new GrabWheels service being tested for the first time in Singapore, Grab said in a joint news release with NUS on Friday (Nov 23). The number
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Google forecasts Southeast Asia’s Digital economy to triple by 2025

With over 650 million cumulative populations, Southeast Asia’s Digital economy is predicted to reach $240 billion by 2025 according to “e-Conomy SEA” report by Google. The report suggests that internet economy will grow by 44% this year from last year to $72 billion, which was only $19.1 billion in 2015. Online travel (30 billion) tops the chart in bringing in revenue,
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Close-up shot of a man using a smartphone to order a ride in Poland

Grab raises $250M from Hyundai as ongoing round tallies up to $2.7B

Grab, the Singapore startup that bought Uber’s Southeast Asia business earlier this year, continues to announce strategic investors for its ongoing Series H funding round. The latest edition revealed today is Korean automotive firm Hyundai, which is investing $250 million. Hyundai first invested in Grab in January, and it joins recently announced investors Microsoft (undisclosed) and Booking Holdings ($200 million) in the round, which
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Grab raises another $200M from U.S. market

Singapore-based ride-hailing major Grab has raised $200 million in fresh funding from Booking.com parent company, Booking Holdings, the startup announced on Monday. As part of the deal, NASDAQ-listed Booking Holdings will offer Grab’s on-demand transport services through its apps and allow users to pay via GrabPay. The investment is part of a $3-billion ongoing funding round that Grab is seeking to
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Grab Announced Today The Launch Of A Coach Service For Singapore Called GrabCoach

Ride-hailing giant Grab announced today the launch of a coach service for Singapore called GrabCoach. This service will allow group travelers and corporate customers to book from a fleet of over 200 buses or vans. These vehicles come in three categories: 13-seater, 23-seater, and 40-seater. The fares are fixed and priced at S$65, S$95, S$150 for a one-way trip respectively.
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Grab Announced Strategic Investment With Honda

Grab today announced a strategic investment and partnership with Japanese car maker Honda. Grab didn’t disclose the funding terms in a statement today, but it said a MOU with the auto giant revolves around “[collaboration] on driver education programs to promote motorbike safety, efforts to reduce traffic and environmental congestion in urban areas through rideshare, and other technological advancements.”
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Grab Aannounced It’s Beta Testing GrabShare

Transportation startup Grab announced today it’s beta testing GrabShare, a shared ride-hailing service in Singapore. GrabShare is basically Grab’s version of UberPool: a passenger can book a GrabCar economy ride and then the driver can pick up another passenger on the way. The two passengers are matched together by an algorithm that looks at available drivers, route overlap, travel time.
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Grab Starts Collaborating With Taxi Companies, Onboards 2nd Largest Taxi Operator In Singapore

Grab, Southeast Asia-based ride-hailing company, and Trans-cab, Singapore’s second largest taxi operator, today announced a partnership to bring all Trans-cab drivers onto the Grab platform. The partnership is Grab’s first with a taxi operator and will see approximately 7,000 Trans-cab drivers using the Grab mobile app. Effective today, both companies will begin onboarding Trans-cab drivers who are new to Grab.  
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