| Founded | 2012 |
|---|---|
| Country | Singapore |
| Sector | Marketplace |
| Total raised | ~$12B |
| Collapse type | Slow Death |
| Founder | Anthony Tan |
Grab
"The $40B Southeast Asia super-app SPAC that fell 75% before its first profitable quarter"
Years-long decline before final shutdown
Key Events Timeline
Grab was founded in 2012 in Malaysia by Anthony Tan and Tan Hooi Ling as a taxi-booking app, expanding across Southeast Asia into ride-hailing, food delivery (GrabFood), fintech (GrabPay, GrabFinance), and logistics.
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