
Grab Announces GrabForGood Fund to Benefit Grab Partners and Southeast Asian Communities
- Grab plans to create endowment fund with initial funding of US$275 million in cash and Grab shares, including US$25 million personal pledge in Grab shares from Co-founders and President of Grab.
- Reflects and furthers Grab’s long-term commitment to uplift people in Southeast Asia.
- First fund initiative will provide Covid-19 vaccine support for Grab partners, followed by grants and financial support for long-term social and environmental impact benefiting communities across Southeast Asia.