Grab
Grab is a Southeast Asian mobility and lifestyle super-app whose business spans ride-hailing, food delivery, payments, and financial services across multiple countries, often described as combining elements of Didi, Meituan, and Alipay in a single platform . It has been a notable investment for several Chinese VC firms: Gaorong Ventures' Rui Han and Xiaoyu Ma both count Grab among their representative deals , while Source Code Capital's Zhang Genghua invested in it as part of a "Copy from China" thesis applied to emerging markets . In early 2026, autonomous driving startup Momenta — a ZhenFund angel project — announced a strategic partnership with Grab, including a strategic investment from Grab, to deploy self-driving technology in Southeast Asia . Grab is also frequently grouped with regional peers like Gojek (now part of GoTo), Shopee, and Lazada as a potential contender for super-app dominance, though one investor told 暗涌Waves that no single player had achieved monopoly status in the region as of mid-2025 .
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Coverage
"Octopus Power" Secures Hundreds of Millions in Funding Led by Top Singapore VC K3, with Linear Capital Continuing to Invest | Linear Portfolio
Lay a more solid foundation for the go-global strategy.
线性资本·The Stars Are Still Young | Z News
ZhenFund wishes you a Happy New Year.
真格基金·Southeast Asia's "Nubank": Building a Credit Card Business for Tens of Millions in Countries Without Credit Bureaus
Mining massive traffic in the blind spots of traditional banking tech.
暗涌Waves·Sam Gao and Xiaoyu Ma of Gaorong Capital: AI + Hardware, China's Opportunity in a World of Upheaval
You can't just gild the lily on the giants' extensions.
暗涌Waves·Zhang Genghua, Source Code Capital: The Answer to Going Global Is North America
Chinese companies excel at consumer-facing (to C) businesses.
暗涌Waves·New Playbook for Going Global: From "Air Force" to "Marine Corps" | FreeS Research Institute · Going Global Series
From Europe and America to Southeast Asia: How Can Chinese Companies "Gang Up" to Go Global?
峰瑞资本·Rui Han of Gaorong Ventures Named to "36 Under 36" Outstanding Investors List: You Have to See It, and You Have to Dare to Believe It
"VC is Vision plus Conviction."
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