Grab Opens Singapore Headquarters

Grab Opens Singapore Headquarters

SINGAPORE – Coinciding with its 10th anniversary celebration, ride-hailing and delivery firm Grab Holdings officially opened the doors of its brand-new headquarters in Singapore as Grab, reported Yahoo! Finance on Thursday afternoon (11 August, SGT).

Located within the one-north business park, the office measures 42,000 sq m (about 452,084 sq ft). Apart from accommodating 3,000 employees, the development will also feature a research and development (R&D) centre, as well as a new merchant centre to help small businesses flourish online,

The GrabMerchant Centre is a one-stop hub dedicated to assisting businesses enhance their presence on the internet, learn to use digital tools to grow, and maximise services offered by the tech firm such as GrabAds, GrabFin, GrabFood and GrabMart. The outlet will provide one-on-one business consultation services for more than 12,000 merchant-partners for a fee.

“As we celebrate Grab’s 10th anniversary this year, we hope that our announcements today will help small businesses and our future workforce upskill and maximise their opportunities, even in this challenging macro environment,” said Grab’s Co-founder and Group Chief Executive Anthony Tan.

The nine-storey office, which will also house Grab’s digibank team, is one of the tech firm’s two headquarters in Asia. The other is in Jakarta, which functions as Grab’s regional innovation hub for small businesses.

Deputy Prime Minister Lawrence Wong, who is also Singapore’s Finance Minister, attended the opening of Grab’s new headquarters.

Grab, the largest ride-hailing and delivery company in Southeast Asia, was established by Anthony Tan and Tan Hooi (unrelated) in 2012. The tech giant commenced trading on Nasdaq on 2 December 2021 after a record US$40 billion merger with a special purpose acquisition (SPAC) company.

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