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Grab | Latest updated news - Page 1
March 08, 2021 00:50 | About us
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Grab incurs heavy loss in Vietnam despite growing revenues

Grab incurs heavy loss in Vietnam despite growing revenues

16:52 | 15/12/2020

Grab made debut in the Vietnamese transportation market in 2014 with GrabTaxi Co., Ltd as the first legal entity. By October 2014, the company launched the GrabBike service and began recruiting motorbikers to further operate its transport connection business model.

Grab to lay off 360 employees to cope with COVID-19 impact

Grab to lay off 360 employees to cope with COVID-19 impact

17:37 | 16/06/2020

Grab Holdings, the leading ride-hailing company in Southeast Asia, said it will cut 360 employees, equivalent to 5 percent of its total, as it reduces expenses to deal with an economic downturn and slow recovery from the coronavirus pandemics.

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