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Nikkei Asia Prizes

Grab: From business-school project to game-changer in Southeast Asia

Ride-hailing app brings financial security to drivers and new technology to region

Grab cofounders, Anthony Tan (right) and Tan Hooi Ling, have grown their company into social infrastructure in Southeast Asia.    

SINGAPORE -- In Malaysia, taxi drivers not using meters were once a common sight. And women, fearful of possible assaults, avoided riding alone in taxis.

Seeking to transform the taxi industry in their home country, Anthony Tan and Tan Hooi Ling founded the ride-hailing app Grab in 2012. In the eight years since then, Grab has grown into a leading provider of social infrastructure in roughly 340 cities across eight countries in Southeast Asia.

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