Grab kicks off strategic alliance with UOB, partners Ascendas REIT for new HQ

(L-R) UOB head of group channel and digitalisation Janet Young, deputy chairman and CEO Wee Ee Chong, Grab co-founder and CEO Anthony Tan, and GrabPay Malaysia, Singapore and the Philippines managing director Ooi Huey Tyng at the announcement of UOB-Grab strategic alliance.

Singapore-based United Overseas Bank Ltd (UOB) has announced the first of a series of digital initiatives with regional ride-hailing startup Grab, following the strategic alliance forged between them last November.

The strategic alliance also entailed an unspecified investment from the bank into Grab.

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