Grab is much more than Southeast Asia’s version of Uber. The $12 billion firm retains a core business in ride-hailing and food delivery, but is fast becoming a fully fledged superapp, now offering its 32 million monthly users travel bookings, health care, insurance, and most notably financial services, since launching Singapore’s first digital bank in August. Some 70% of the region’s population is underbanked, and Grab—which operates in over 500 cities across eight nations—aims to boost financial inclusion and bring more small businesses into the digital economy. “We don’t chase money, but chase a mission,” Grab CEO Anthony Tan says.
A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders. Join the Leadership Brief.
- Why Trump’s Message Worked on Latino Men
- What Trump’s Win Could Mean for Housing
- The 100 Must-Read Books of 2024
- Sleep Doctors Share the 1 Tip That’s Changed Their Lives
- Column: Let’s Bring Back Romance
- What It’s Like to Have Long COVID As a Kid
- FX’s Say Nothing Is the Must-Watch Political Thriller of 2024
- Merle Bombardieri Is Helping People Make the Baby Decision