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.
- Your Vote Is Safe
- The Best Inventions of 2024
- How the Electoral College Actually Works
- Robert Zemeckis Just Wants to Move You
- Column: Fear and Hoping in Ohio
- How to Break 8 Toxic Communication Habits
- Why Vinegar Is So Good for You
- Meet TIME's Newest Class of Next Generation Leaders
