Uber rival Grab acquires Indian startup to bulk up its mobile payment platform

Uber rival Grab acquires Indian startup to bulk up its mobile payment platform

Southeast Asian ride-hailing firm Grab today said it has acquired Bengaluru-based payments startup iKaaz to strengthen its payments platform. Grab, which competes with the likes of US-based Uber, said the “rich functionality of iKaaz mobile payments platform and its experienced leadership team will accelerate feature development and partner integration of GrabPay (its payments platform)”. It, […]

Hyundai is investing in Grab, one of Uber’s biggest rival in Southeast Asia

Hyundai is investing in Grab, one of Uber’s biggest rival in Southeast Asia

Hyundai Motor has invested in Singapore-based ride-hailing firm Grab, on of Uber’s biggest ride-hailing rival in Southeast Asia, as the South Korean automaker looks to expand beyond its traditional business of producing and selling vehicles. Grab did not disclose the value of Hyundai’s investment. Hyundai joined other investors, including Didi Chuxing, SoftBank and Toyota Tsusho (Toyota’s […]

Singapore Airlines and Grab Agree on Extensive Partnership

Singapore Airlines and Grab Agree on Extensive Partnership

Singapore Airlines (SIA) and Grab announced a partnership to provide customers with more seamless travel experiences. SIA and Grab will integrate their mobile apps to offer enhanced convenience to customers when travelling to the airport in six countries across Southeast Asia, including Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. This marks the coming together […]