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Monday, 12 October 2026
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Grab

21 CÈ pieces since 20 May 2026: 4 deals, 8 intel items, 9 essays. Newest first.All companies →

  1. Essay

    Anthony Tan controls Grab on votes, not shares. He just spent US$1.49 billion buying Atome.

    Tan is due to keep selling down the little Grab stock he holds directly before September 2027, on the same pre-set trading plan that took him from 400,000 shares to 28,498 in one afternoon in July, because votes, not shares, are what keep him in the chair, and the US$1.49 billion for Atome came from Grab’s account, not his.

  2. Essay

    Betting the house again? Masayoshi Son borrowed US$11.87 billion this week to avoid selling a single OpenAI share

    SoftBank just borrowed US$11.87 billion rather than sell a single share of its winning OpenAI bet. It is the same instinct that turned a US$20 million wager on Jack Ma into Alibaba and floated Grab into Southeast Asia’s biggest ride-hailing company, and Sam Altman just pushed the payout past the year Son’s new debt assumed it would land.

  3. Intel

    The instalment button on 30,000 checkouts changes hands: Grab buys 60% of Atome for US$1.5 billion

    Grab will pay US$1.5 billion cash for 60% of Atome Financial, the pay-in-instalments checkout used by more than 30,000 brands in Singapore, Malaysia, the Philippines, Indonesia and Thailand. Its loan book stands near US$1 billion.

  4. Intel

    Who keeps a Hanoi Grab fare? Driver Đức Anh pockets US$1.10 of a US$1.90 ride

    Đức Anh, 35, a Grab driver in Hanoi, took home just over US$1.10 from a 10km trip the app priced at US$1.90. Drivers in Hanoi and Ho Chi Minh City called a two-day log-off for 12 and 13 September.

  5. Intel

    Can a Grab driver buy an EV with nothing down? GXS lends 100% over 10 years

    Grab and GXS Bank opened an in-app EV marketplace and charging across 3,000+ Singapore points. GXS AutoLoan finances up to 100% over up to 10 years and scores drivers on their platform earnings.

  6. Deal

    Platform earnings are the new credit score: GXS finances Grab drivers' EVs at 100 percent

    GXS Bank underwrites drivers on their platform earnings instead of payslips. Some approved loans require no down payment and run up to ten years; the driver app is testing access to over 3,000 charging points.

  7. Deal

    The superapp wants the credit book: Grab in talks for control of Atome at US$2B

    Bloomberg reports the discussions; no deal is agreed. Atome sits inside Advance Intelligence Group, backed by SoftBank Vision Fund 2 and Warburg Pincus, and booked US$470 million of revenue in 2025.

  8. Deal

    The region stops being its own asset class: 500 Global will not raise another Southeast Asia fund

    The firm behind Grab, Carousell and Carsome — over 340 SEA companies — will route new deals through its global funds. Its last dedicated regional vehicles raised $143M in 2023.

  9. Essay

    Indonesia will set food and courier delivery fees by decree in September.

    Perpres 27/2026 took the ojol commission from 20 percent to 8 on 1 July. The regulation due in September prices delivery, turns seven million drivers into MSMEs, and splits enforcement between two ministries.

  10. Intel

    Grab's biggest market is no longer Singapore: Malaysia delivered $622M, 31.8% of H1 revenue

    Malaysia produced $622 million of Grab's $1.95 billion first-half revenue, up 30.1% year on year and ahead of Singapore at $420 million and Indonesia at $415 million. Grab also runs Jaya Grocer, Everrise, and GXBank there.

  11. Intel

    Growth came from the loan book, not the rides: Grab's fintech revenue rose 59% in Q2

    Revenue reached $997 million, up 22%, with adjusted EBITDA margin at 16.9% from 13.3% a year ago. Financial services revenue grew 59% to $134 million and the gross loan portfolio tripled to $2.3 billion. The board authorised a $750 million buyback.

  12. Intel

    Autonomy becomes a business when the meter starts: Grab charges Punggol fares in Q4

    Grab will let Punggol riders book a dedicated autonomous vehicle point to point instead of riding a fixed shuttle loop. Trial riders board within months; the public gets access in Q4 2026, when commercial fares apply.

  13. Deal

    Chargers, not cars, gate Vietnam's EV shift: Grab plugs into Hanoi's EBOOST to reach 6,000 ports by 2028

    Grab took a strategic stake in Hanoi charging network EBOOST, folding its 2,500 existing points into the Grab app and targeting 6,000+ ports — nearly 3,000 in Hanoi — by early 2028.

  14. Essay

    Indonesia sentenced Gojek’s co-founder to ten years over a laptop procurement

    On 30 June a Jakarta court sent Nadiem Makarim to prison for ten years without finding he took a cent, and the part every Southeast Asian founder should study is how a lawful call became a crime.

  15. Essay

    Indonesia capped ride-hailing commission at 8 percent. Founders got no vote.

    The inner citadel, and the Labour Day speech in Jakarta that repriced a founder’s business between one morning and the next.

  16. Essay

    The commission cap barely dents Grab’s revenue. The market still cut it a third.

    Days after Indonesia’s 8 percent cap took effect, Barclays cut Grab’s target to $5 from $7 and Uber’s Dara Khosrowshahi left its board; the number that moved was a belief about who sets the take rate.

  17. Essay

    Two of the region’s biggest tech firms just had their margin set by a president

    From 1 July, Grab and Gojek take 8 percent of an ojek fare instead of 20, because Prabowo asked them to in a room they could not say no in. The lesson for everyone whose model is a cut of someone else’s transaction is the same.

  18. Intel

    StraitsX secures MAS payment licences and launches the XUSD stablecoin

    The Singapore firm received Major Payment Institution licences from MAS and added a US-dollar stablecoin to its Singapore-dollar XSGD and Indonesian-rupiah XIDR, with rails already settling Grab and Alipay+ payments in production.

  19. Intel

    Money20/20 finds Southeast Asia the top fintech expansion target for 2026

    Nearly 23 percent of senior fintech leaders name Southeast Asia their primary expansion focus, with growth led by bank-fintech partnerships like Grab Financial with Kasikornbank and GoTo with Bank Jago rather than outright disruption.

  20. Essay

    Two apps, one landlord (the merger might even help you, briefly)

    Grab’s roughly US$7 billion move on GoTo is being read as a stock story and an antitrust story. For the merchant on the platform, it is a story about who owns the channel.

  21. Essay

    Seneca was the richest man in Rome. He still set aside three days a month to eat dry bread.

    On voluntary discomfort, and the two weeks a Singapore founder spends paying for her own coffee.