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Stock impact report

How I built a $2 billion a year super app called Grab: '20 hour' work days [CNBC]

Grab Holdings Limited (GRAB) 
Company Research Source: CNBC
His father, Tan Heng Chew, is the president of Tan Chong Motor, a multinational automobile distributor founded by Tan's grandfather in the 1950s, that's publicly listed on the Kuala Lumpur Stock Exchange. You might call me a “rebel without a cause,” Tan said. But I was on a mission to create something that could be “a force for good.” Now, Tan is the co-founder and CEO of multinational ride-hailing giant and super app Grab . After the business went public in the U.S. in December 2021, it brought in over $2 billion in revenue in 2023, according to documents reviewed by CNBC Make It Grab Holdings Ltd Last | 10/04/24 EDT Today, along with offering ride hailing, the company offers food and groceries delivery, as well as financial services such as payments, lending and digital banking. As of 2023 Grab also serves over 35 million customers and provides 13 million gig jobs across eight countries in Southeast Asia. “I remember when I was meeting with [former President Ferdinand] M Show less Read more
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