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Grab Prepays US$600 Million in Debt Ahead of 2026 Maturity
Southeast Asian superapp Grab has prepaid US$600 million (S$806.82 million) in debt ahead of a 2026 maturity as it had excess cash on its balance sheet, according to a report by Bloomberg. This move brought down its debt under an outstanding
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Grab Singapore Appoints Parliament Member for Public Affairs and Policy Role
Ride-hailing giant and superapp Grab has appointed Member of Parliament (MP) Tin Pei Ling as its Director of Public Affairs and Policy for Singapore. Tin had begun serving in her new role in January and her new appointment came to
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Grab Promotes Philipp Kandal to Chief Product Officer
Southeast Asian superapp Grab announced that it has promoted Philipp Kandal to Chief Product Officer, effective 1 February 2023. As Chief Product Officer, Philipp will oversee the product, design and analytics teams as well as lead the product vision and
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Grab Taps Alejandro Osorio to Lead Its Next Phase of Growth in Vietnam
Southeast Asian superapp Grab announced the appointment of Alejandro Osorio as its Managing Director in Vietnam. In his new role, Alejandro will be overseeing the business strategy and operations across all of Grab’s businesses in the country. Alejandro most recently
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Reuben Lai Is the Latest in a Series of High Profile Exits for Grab’s Fintech Business
GXS Bank (GXS)’s executive director and Head of Regional Office, Reuben Lai, has decided to leave the Bank at the end of 2022. Along with his resignation as an executive director, Reuben will be stepping down from his appointment as
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Grab Participates in StraitsX’s Pilot Use of Tokenised Digital Vouchers at SFF 2022
Fazz financial group’s StraitsX and Grab are testing the issuance of Purpose Bound Money (PBM) with 5,000 trial participants during Singapore Fintech Festival (SFF) as one of four trials under MAS’ Project Orchid. Participants will be able to utilise PBM
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Superapp Grab Promotes Suthen Paradatheth to Group CTO
Southeast Asian superapp Grab announced that it has promoted Suthen Thomas Paradatheth to Group Chief Technology Officer (GCTO), effective 1 October 2022. Suthen will be responsible for driving Grab’s technology vision, strategy and execution across its deliveries, mobility, and financial
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Singlife With Aviva Backs Local SMEs’ Digitisation With Grab, Google, Razer Fintech
Homegrown insurer Singlife with Aviva announced the launch of a cross-industry collaboration “A Better Odyssey” which will help promising startups and small and medium-sized enterprises (SMEs) in Singapore to digitalise and scale their operations. In the initial phase, A Better
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GrabFin Rolls Out Investment Product Earn+ for Its Singapore Users
Southeast Asian fintech platform Grab Financial Group (GFG) announced that it will be launching Earn+, an investment product for its Singapore-based Grab users. GFG also revealed that it will be launching GrabFin, a new brand that offers Grab users a
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Insurtech Igloo Appoints Grab’s Former Exec as Its Chief Business Officer
Insurtech firm Igloo announced that it has appointed Wilson Tseng as its new Chief Business Officer. Tseng will be responsible for driving Igloo’s commercial strategy, expanding partnerships with business and insurer partners, as well as identifying and developing new growth
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