The Rise of Grab: How I built a $2 billion a year super app
Anthony Tan is the co-founder and CEO of Grab, a “super app“ that has built itself into the very infrastructure of eight major Southeast Asian countries.
Grab provides day-to-day services, such as ride-hailing, payments and food delivery, to over 35 million users. It is also a source of income for more than 13 million drivers and merchants.
The company went public on the Nasdaq in 2021 and brought in $ billion in revenue in 2023, according to documents reviewed by CNBC Make It.
Yet, despite coming from a wealthy Malaysian family and attending Harvard Business School, Tan said his journey to success has been far from easy.
“My father used to remind me, ’Your grandfather beat this into our heads, and now it’s our turn to beat it into yours. You can sleep all you want when you’re dead,’“ Tan said.
Fierce competition from Uber and family turmoil were just some of the barriers he had to overcome over the years.
“In a weird kind of way, I’m grateful because it helped me realize I had no other option but to make it work,“ Tan said.
“Those pushed me to say, ’Look, I can create something that solves real societal problems,’“ he added.
Watch the video above to learn more about Grab’s rise, as well as what the company hopes to accomplish next.
#CNBC #Grab #Entrepreneur
-----
Subscribe:
CNBC International TV:
LinkedIn:
TikTok: @cnbci
Facebook:
Instagram:
Threads: @cnbcinternational
X:
Telegram:
WhatsApp:
1 view
391
104
1 month ago 00:18:44 1
Sam Austins Performs in the Medium Sized Backyard
1 month ago 00:05:00 1
ARCH ENEMY - The Eagle Flies Alone (OFFICIAL VIDEO)
1 month ago 00:05:32 1
Undisputed Gameplay and Features Video (ESRB)
1 month ago 00:04:47 1
Nightwish - The Day Of... (OFFICIAL MUSIC VIDEO)
1 month ago 01:30:16 1
Moonclipse @ Ozora Festival 2023 (Full Set Movie)
1 month ago 00:59:19 1
Heilung - Drif (full album) 2022
1 month ago 00:02:00 1
Slime 3K: Rise Against Despot - Official 1.0 Release Date Announcement Trailer
1 month ago 00:02:21 1
Mickey 17 | Official Trailer
1 month ago 00:27:18 1
Marvel Nemesis: Rise of the Imperfects (PSP)-Кампания за Найлса Ван Рокеля: Финал (На Золото).
1 month ago 00:03:24 1
Luna Sol | Evil (Is On The Rise) (Official Video)
1 month ago 00:03:54 1
NATO ’Surrender’ After Putin’s War Threat; UK, U.S. Block Ukraine From Hitting Russian Territory
1 month ago 00:05:15 1
The HU - Wolf Totem feat. Jacoby Shaddix of Papa Roach (Official Music Video)
1 month ago 00:05:00 1
Luna Sol | Low ’n Easy (Official Video)
1 month ago 00:39:43 1
PIXELBOY- Big Space Adventure Chronicles
1 month ago 00:02:57 1
Security video of plane hitting Pentagon released, adds, S’bite from Judicial Watch
1 month ago 00:12:10 1
Dead Rising Deluxe Remaster - RTX 3060 Ti - RTX 3060 - RTX 3050 - GTX 1650