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News
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Online
WATCH: Visualization of revenue for digital travel brands through 2022
By PhocusWire
|
March 23, 2023
From a revenue standpoint, 2022 was an up year for most online travel brands, with many reporting record financial results.
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News
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Online
Earnings roundup: Grab, eDreams, Flight Centre
By Linda Fox
|
February 23, 2023
Grab, eDreams and Flight Centre update on their financial progress in Q4, 2022, Q3, 2022 and H1, 2023, respectively.
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News
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Online
Grab reports record revenue in Q3, narrows losses
By Linda Fox
|
November 16, 2022
The Singapore-based super app, which offers services including ride hailing, food delivery and digital payments, says revenue for the three months ended September 30 was a record $382 million, up 143%...
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News
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Online
Earnings roundup: Grab, Flight Centre, Swvl
By Linda Fox
|
August 25, 2022
Grab, Flight Centre and Swvl are reporting strong results amid travel industry recovery.
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News
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Online
Grab outperforms guidance with growth across all business units
By Mitra Sorrells
|
May 19, 2022
Mobility and delivery brand Grab posts revenue in the first quarter of $228 million, a 6% increase compared to the same period in 2021.
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News
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Distribution
Kakao Mobility partners with Splyt to expand transportation app
By Linda Fox
|
May 12, 2022
The deal enables users of the Kakao T app to access local taxis, private cars and motorcycles in seven additional countries.
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News
/
Online
Grab posts loss of $3.6B in 2021, claims "strongest year yet"
By Kevin May
|
March 7, 2022
The Singapore-based ride-hailing and delivery brand posted revenue of $675 million for the 2021 financial year, up by 44% on the previous 12 months.
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News
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Startups
VIDEO: SPACs and the future of travel investing
By PhocusWire
|
November 17, 2021
During a session at the Phocuswright Conference 2021 this week, a session on SPACs put the spotlight on the benefits and pitfalls of using the mechanism to go public.
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News
/
Startups
Signs point north for travel startup funding in 2021
By Linda Fox
|
May 11, 2021
Travel startups have attracted multiple smaller investments in 2021, as well as one or two sizable ones, demonstrating interest has not faded away in supporting new businesses.
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News
/
Online
Grab files for IPO through SPAC partnership with Altimeter
By Kevin May
|
April 13, 2021
Grab is expected to be valued at almost $40 billion as a result the IPO announced today and slated to run under the ticker "GRAB" in the coming months.
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News
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Online
Grab boosts liquidity with $2B loan facility
By Linda Fox
|
February 1, 2021
Grab says the five-year term loan enables it to boost liquidity and mix up its funding sources.
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News
/
Distribution
Super app Gojek gets $150M investment to help drive Indonesia's digital economy
By Linda Fox
|
November 17, 2020
Gojek, a ride-hailing, delivery and payments app, will help boost Indonesia's digital transformation following new investment.
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News
/
Distribution
Southeast Asian super app Grab adds tour and activity bookings through Klook
By Mitra Sorrells
|
September 2, 2020
Grab users will be able to book and pay for Klook's tour and activity offerings in the Grab app.
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News
/
Technology
Splyt raises $19.5M to help SoftBank with super app strategy
By Linda Fox
|
June 18, 2020
Mobility specialist Splyt has raised $19.5 million in Series B funding to fuel expansion and help SoftBank with its super app strategy.
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News
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Technology
Grab raises $856M to grow financial services, digital payments in Southeast Asia
By Steven Lerner
|
February 25, 2020
Super app Grab has secured a pair of investments totaling $856 million, fueling the so-called decacorn’s latest amplification into financial services and digital payments.
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