Grab was founded in 2012 by Anthony Tan and Hooi Tan. In an interview with CNBC from November 2019, CEO Anthony Tan stated that “once we’re profitable, then we can clearly go to public when we want to.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Grab operates in Southeast Asia providing rideshare, food delivery, hotel booking, event ticketing, and payment services with its namesake mobile application. The company has raised over $9.8 billion in Venture Capital funding from investors including STIC Investments, All-Stars Investments, Finch Capital, Hammerstone Capital, Idinvest Partners, Lightspeed Venture Partners, Reshape Holdings, Sequoia Capital, Skystar Capital, Sonostar Venture, and Struck Capital. It has been widely reported that Grab last raised over $200 million in August 2020 at an undisclosed valuation.
Grab does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Grab will be known as it becomes public. Here are similar public companies: Tesla (NAS: TSLA), Rivian (NAS: RIVN), Ford (NYS: F), Uber (NYS: UBER), Lyft (NAS: LYFT).
If you own Grab pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Grab is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
