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Sharing Economy

Grab to bulk up tech team to build competitive muscle

Ride-hailer pushes 'superapp' strategy with veterans from US and India

Singapore-based ride-hailing service Grab has hired a number of experienced engineers in the face of sharper regional competition.     © Reuters

SINGAPORE -- Southeast Asia's largest ride-hailing operator Grab is planning to double the number of engineers to nearly 2,000 in the 12 months to the end of this year, as it rushes to increase its technology firepower amid intensifying competition from regional peers.

Theo Vassilakis, Grab's chief technology officer, told the Nikkei Asian Review in a recent interview that the Singaporean start-up, founded in 2012, had reached a point where it needed to scale up its technological talent to support its growing businesses. Grab will hire even more next year, he said.

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