Grab online bank leader Reuben Lai to step down
Reuben Lai, executive director at GXS Bank, is leaving the position at the end of this year. The news was first reported by Tech In Asia. Lai was head of Grab Financial Group until May 2022, and then
Is consolidation on the horizon for Southeast Asia’s tech industry?
An analysis of recent changes in the market reveals four factors that could catalyze consolidation in Southeast Asia in the near future.
Startups are evolving to manage growth alongside profitability
Tech firms around the world are slowly changing how they function to address concerns around their resilience and sustainability. Here are the key trends, per Jungle Ventures
India’s most valuable startup Byju’s in talks to go public via record SPAC deal
Indian edtech giant Byju’s, the nation’s most valuable startup, is in talks to go public in the U.S. by merging with a blank check company led by Churchill Capital, a person familiar with the matt
TechCrunch+ roundup: Singapore’s fintech buzz, SaaS slump, amplified marketing strategies
Bret Taylor is on a roll: On Monday, he became the chair of Twitter’s board, and a day later, Salesforce made him its co-CEO and co-chair. Enterprise reporter Ron Miller looked back at Taylor’s ca
Grab’s SPAC splat caps off a bad week for blank-check combinations
What goes up must come down. And what goes SPAC must go splat? We’ll keep workshopping that. Regardless, shares of super app Grab took a pounding today after its SPAC combination was approved la
Super app Grab starts trading on supersized SPAC combination
Grab will begin trading today on the Nasdaq under the ticker symbol "GRAB."And it raised a pile of money in the process. Billions, in fact.
Francophone African super app Gozem grabs $5M to expand and offer more services
Gozem, a super app that provides a host of services — including transport, e-commerce and financial services in Francophone Africa — has raised $5 million in Series A financing, the compan
Vauban, an AngelList-like platform for VCs and angels to run and raise funds, closes $6.3m
It’s always been a slight puzzle why AngelList never really properly took off in Europe, especially when, a few years ago, there was such a dearth of funding options for poorly served European start
Gojek and Tokopedia merge to form GoTo Group
Ride-hailing giant Gojek and marketplace Tokopedia, Indonesia’s two biggest startups, said on Monday they have combined their businesses to form GoTo Group, the largest technology group in the S
The IPO market is sending us mixed messages
If you only stayed up to date with the Coinbase direct listing this week, you’re forgiven. It was, after all, one heck of a flotation. But underneath the cryptocurrency exchange’s public d
Do you need a SPAC therapist?
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Danny and Alex and Grace were all here to chat th
5 questions about Grab’s epic SPAC investor deck
Grab is going public via a SPAC, so let's talk through key points from the investor deck — we'll discuss growth, segment profitability, aggregate costs and COVID-19.
Grab to go public in the US following $40 billion SPAC deal
Ride-hailing and delivery company Grab has announced plans to go public in the U.S. Based in Singapore, the company has evolved from a ride-hailing app to a Southeast Asian super app that offers sever
The Station: The biggest SPAC ever and reading the micromobility permit tea leaves
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi there, new and returning readers.
Grab announces program to help increase COVID-19 vaccinations in Southeast Asia
Grab, the Southeast Asian ride-hailing and on-demand delivery giant, announced a program to increase access to COVID-19 vaccinations today. Its goal is to have all of its employees, as well as driver
Grab Financial Group raises $300 million Series A led by Hanwha Asset Management
Grab Financial Group said today it has raised more than $300 million in Series A funding, led by South Korean firm Hanwha Asset Management, with participation from K3 Ventures, GGV Capital, Arbor Vent
Grab-Singtel and Ant Group win digital bank licenses in Singapore
Singapore on Friday granted four firms, including Ant Group and Grab, licenses to run digital banks in the Southeast Asian country, in a move that would allow the tech giants to expand their financial
Marriott International announces partnership with Grab in six Southeast Asian countries
The COVID-19 pandemic has hit the hospitality industry especially hard, and hotels around the world are looking for ways to regain revenue. Today, Marriott International and Grab announced a partnersh
Indonesian cloud kitchen startup Yummy gets $12 million Series B led by SoftBank Ventures Asia
Yummy Corporation, which claims to be the largest cloud kitchen management company in Indonesia, has raised $12 million in Series B funding, led by SoftBank Ventures Asia. Co-founder and chief executi