CEO Anthony Tan shares his big dreams for the ride-hailing service—and explains how the Confucian way is helping him get there.
A curious thing has happened in the last 12 months: Companies in the automotive business, once an innovation sinkhole, have become part of the race for technological supremacy. Case in point: *Singapore’s Grab, which launched four years ago as a simple taxi-hailing app that promised riders in Malaysia safe transit home. (Tales of venal cab drivers robbing passengers scared both tourists and local residents.) Grab now also operates in Singapore, the Philippines, Vietnam, Indonesia, and Thailand.* It offers carpooling, ride-sharing, and motorbike transit, as well as delivery services in certain areas.