Grab to stay focused on 'massive' ASEAN growth after US listing: CEO

Anthony Tan sees expansion for delivery and fintech in 'underpenetrated' region

20210413N Grab Antony Tan 2

"We're actually stronger now than before" the pandemic, Grab co-founder and CEO Anthony Tan, pictured here in 2019, told Nikkei on April 13. (Photo by Kosaku Mimura)

KENTARO IWAMOTO, Nikkei staff writer

SINGAPORE -- Singapore's tech unicorn Grab will remain focused on Southeast Asian markets even after it goes public in the U.S., co-founder and CEO Anthony Tan told Nikkei, citing "massive" room for growth in a region that has drawn attention from international investors.

Noting that investors describe Southeast Asia's most valuable unlisted company as a combination of tech names like Uber Technologies and Ant Financial, Tan stressed Grab will scale up its existing core businesses such as food delivery and digital finance.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.