March 29, 2024

Web and Technology News

Grab acquires Singapore’s third-largest taxi operator Trans-cab 

Singapore’s ride-hailing and food delivery company Grab has signed an agreement for its car rental unit Grab Rentals to acquire Trans-cab, the city state’s third largest taxi operator.  The deal, Grab’s first local competitor acquisition, is expected to close in the fourth quarter of 2023 and includes “Trans-cab’s taxi and car rental business, maintenance workshops and […]

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 executive director and head of regional strategy at GXS Bank, the digital bank joint venture between Grab […]

Grab online bank leader Reuben Lai to step down by Catherine Shu originally published on TechCrunch