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Tay Tian Wen · · 2 min readVisual: Tracking Grab’s journey to a $40 billion valuation
Grab’s recent SPAC merger isn’t the first time the company has made the headlines. Since its founding in 2012, the company has stolen the spotlight with its breakneck growth, product launches, and skyrocketing valuations. Tech in Asia presents a timeline of the super app’s key milestones that have made history.
Grab’s key milestones over time / Image credit: Timmy Loen
See also: 6 surprises from the reveal of Grab’s jealously guarded financials
Grab’s product offerings have also significantly expanded over time. The company started with a taxi booking service, but currently has business interests in deliveries, financial services, and even anti-fraud technology.
Today, Grab has a diverse range of products / Image Credit: Timmy Loen
It’s an open secret that Grab harbors ambitions of becoming a regional champion. The company has expanded its businesses to eight Southeast Asian countries in just six years.
In just 5 years, Grab has expanded into 8 countries / Image credit: Timmy Loen
While Grab’s SPAC merger has propelled the company to its highest valuation ever, significantly more funds were raised during the company’s extensive series H round between 2018 and 2019.
Editing by Melissa Goh, Terence Lee and September Grace Mahino
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Behind Grab’s recent SPAC merger lies a long list of milestones. Take a look at the ones that made history.
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