Wui Ngiap Foo, Grab‘s head of tech, is leaving the Southeast Asian super app after a seven-year stint to lead a new cryptocurrency gaming venture, Bloomberg reported.
Foo played a major role in building the Grab platform’s mobility-services fleet, and has also helped the company’s takeover of Uber’s Southeast Asia business in 2018 and its partnership with Microsoft.
Foo Wui Ngiap, head of AI initiatives at Grab / Photo credit: Grab
He is reportedly set to join crypto gaming firm Ethlas as the company’s co-founder and CEO. Ethlas is a gaming platform built on the blockchain that allows players to amass tradeable crypto coins.
The management change comes after the announcement that Nguyen Thai Hai Van, Grab Vietnam’s managing director, was also set to resign from her post at the end of April.
Earlier this month, members of Grab’s executive committee signed an extension to the lockup of their shares in the Singapore-based super app, which would prevent them from selling their shares.
See also: Grab Vietnam country head to resign
Editing by Samreen Ahmad
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