Grab Singapore and its Group of Companies in Singapore are Con-sters.
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Serious Grab Singapore - The Hard Truths
- Thread starter shiokalingam
- Start date
Lim Kell Jay - The Hatchet Man of Grab Singapore
Anthony Tan - Boss of Hatchet man Lim Kell Jay
Masayoshi Son - The Boss of all the Bosses at Grab Singapore
Grab is still losing money.
Unlike low cost carriers, which collect fares first, sometimes months in advance, grab collects only during the trip.
Low cost carriers i think have better business model.
Unlike low cost carriers, which collect fares first, sometimes months in advance, grab collects only during the trip.
Low cost carriers i think have better business model.
Ming Maa - President Grab Singapore
( former staff of Masayoshi Son )
( former staff of Masayoshi Son )
Unlike Trump and Kim who took One day to define "Denuclearisation "
Folks here are still figuring out what is " Industrial Espionage" / " Consumers Espionage"
Time for "Consumers Espionage Acts".
Folks here are still figuring out what is " Industrial Espionage" / " Consumers Espionage"
Time for "Consumers Espionage Acts".
The truth, tos chiak liow bee just milk the system while under employment, they are all clueless wats happening in the taxi /transport industry. All they do is depand on their Grab Appilcation to run the Company.
Grab' s Big Thing is not the Car/Taxi
App thing - a Red Herring.
Neither is it GrabFood !!!
App thing - a Red Herring.
Neither is it GrabFood !!!
The billions invested in ride hailing app makes low cost carriers look cheap.
Sinkies get the vehicle sharing platform they asked for,I don't want to hear any more complaints pls.
ST 13 June 2018,
SINGAPORE - Toyota Motor Corp will invest US$1 billion (S$1.34 billion) in Singapore-based Grab, in the largest investment by an automotive manufacturer in the global ride-hailing sector. Toyota is investing as a lead investor in Grab’s ongoing financing round, Grab said in a statement on Wednesday (June 13).
When asked about other investors in this round, a Grab spokesman told The Business Times: “Toyota will be one of our lead investors for this round. We are not disclosing our other investors at this point but are excited by the quality of investors who are interested in partnering with Grab.” The Japanese giant’s investment values Grab, South-east Asia’s largest car-hailing service, at just over US$10 billion, Bloomberg reported.
That makes it still smaller than Uber, which was valued at US$62 billion in a stock deal announced in May, and China’s Didi Chuxing at at US$56 billion after a fundraising round in December. This is Toyota’s second investment in Grab.
Last year, its trading arm, Toyota Tsusho Corp, injected an undisclosed amount in Grab, and the companies have worked together since August developing connected services. Toyota has installed its data recorders in Grab-operated rental cars to collect driving data – a similar strategy it has employed with Japan Taxi, said Bloomberg.
But Toyota had also, in 2016, put money in Grab rival Uber - whose South-east Asian operations were acquired by Grab in March - in a strategic investment. The investment amount was not disclosed.
As part of its investment, Toyota would partner Uber to create a leasing programme for new Uber drivers and explore additional mobility services. Under the agreement between Grab and Toyota, both players will strengthen and expand their existing collaboration in the area of connected cars - to drive the adoption of new mobility solutions across South-east Asia.
Grab will work with Toyota on how connected car services on the Toyota Mobility Service Platform – such as user-based insurance, financing programme and predictive maintenance – can enrich the Grab experience for drivers on the Grab platform.
Grab and Toyota will roll out connected car services, such as telematics-based insurance, which could reduce the cost of insurance premiums for safer Grab drivers, said Grab. Grab added that the investment will allow Grab to further expand its range of online-to-offline services, such as GrabFood and GrabPay, deeper into the region.
One Toyota executive will be appointed to Grab’s board of directors, and a dedicated Toyota team member will be seconded to Grab as an executive officer.
Hard Truths Unfolding , stay Tuned for more :
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