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GRAB News12 articles
Indonesia Caps Ride-Hailing Commissions at 8%, Pressuring Grab Ahead of Earnings
Indonesia slashed the maximum commission for ride-hailing platforms to 8%, pressuring Grab (GRAB) and GoTo's Gojek ahead of Grab's Q1 earnings. Grab shares fell 3.9%.
Grab Stock Rises Ahead of Q1 Report Amid Strategic Expansion and Buyback
Grab Holdings Limited's stock advanced 4.7% to $4.21 on Nasdaq ahead of its first-quarter 2026 results, with focus on its expansion into Taiwan and ongoing share buyback.
Grab Deploys AI Suite in Jakarta, Aims to Slash Ride Costs Amid Economic Pressure
Grab Holdings unveiled 13 new AI-powered features in Jakarta, headlined by a Group Ride option promising fares up to 40% lower. The move is designed to alleviate pressure from rising fuel costs and strained household budgets, even as the company's financial outlook remains subdued.
Grab Debuts Autonomous Ride Service in Singapore Amid Strategic Pivot
Grab Holdings has initiated Singapore's first public autonomous vehicle ride service in Punggol, partnering with WeRide. The move aligns with Grab's strategic focus on automation and AI to improve profitability.
Grab's $600M Taiwan Expansion Faces Antitrust Review Over Uber Ties
Grab Holdings' planned $600 million acquisition of Foodpanda Taiwan is under regulatory review, with authorities examining Uber's influence as a major shareholder. The deal, expected to close in late 2026, represents Grab's first move beyond its Southeast Asian home market.
Grab Announces $400M Buyback Following Taiwan Expansion Deal
Grab Holdings saw its stock rise after unveiling a $400 million share buyback program, funded from its substantial cash reserves. This follows the company's recent $600 million deal to acquire Delivery Hero's foodpanda business in Taiwan.
Grab Announces $400M Buyback and Taiwan Expansion, Shares Rally
Grab Holdings saw its stock climb over 4% following the announcement of a $400 million share buyback program and a strategic $600 million acquisition of foodpanda's Taiwan operations, its first expansion outside Southeast Asia.
Grab Announces $400M Buyback and Taiwan Expansion, Shares Rise
Grab Holdings shares advanced following the announcement of a $400 million stock buyback and a $600 million acquisition of Delivery Hero's foodpanda Taiwan business, expanding its geographic footprint.
Grab Shares Slide on Subdued 2026 Revenue Forecast, Near 52-Week Low
Grab Holdings shares extended losses Friday, nearing a 52-week low, after the company's 2026 revenue projection missed Wall Street expectations. The stock decline contrasts with gains for U.S. peers.
Grab Announces Philippine Driver Support Amid Cost Pressures
Grab Holdings shares advanced Friday following the launch of a new support package for drivers in the Philippines, a move aimed at mitigating the impact of rising fuel costs. The initiative comes as the company navigates investor concerns over its 2026 financial outlook and elevated incentive spending.
Grab Holdings Shares Slide on CEO's Planned Stock Sale, Weak Outlook
Grab Holdings shares declined more than 3% following a regulatory filing revealing CEO Anthony Tan's plan to sell up to 1.2 million shares. The stock has fallen 26% year-to-date, weighed down by a softer financial outlook and market-wide headwinds.
Grab Faces Regulatory Pressure in Indonesia, Adjusts Malaysian Fintech Terms
Grab Holdings sets aside Rp100-110 billion for enhanced holiday bonuses for Indonesian drivers following a new government mandate. Separately, Grab Malaysia will increase monthly interest on new PayLater instalments to 1.25% starting March 9.