investorsHD

inHD

Link copied

Grab acquires AI robotics firm Infermove to boost delivery capabilities.

deals & business :: 2026-01-06 :: source - reuters

By Reuters

A Grab logo is pictured at the Money 20/20 Asia Fintech Trade Show in Singapore. REUTERS

(Reuters) - Singapore's Grab Holdings (GRAB.O) said it has acquired China-based Infermove, a developer of AI-enabled robotics solutions, to strengthen its first- and last-mile delivery capabilities.

"As we are constantly looking for new ways to bridge online and offline in better and smarter ways, we see the opportunity to further develop Infermove’s solutions out of Singapore, to complement Grab’s first- and last-mile delivery capabilities," Grab said in a statement to Reuters on Tuesday.

The Nasdaq-listed company added that its teams will explore how Infermove’s autonomous robots can enhance customer and partner experiences. No financial details were disclosed.

Reporting by Yantoultra Ngui; Editing by Susan Fenton


This week on Reuters

This week top market trends.

Recent global market news

investorsHD Media

Subscribe to our handles,follow the news 24/7

investorsHD & partners uses cookie to ensure your best user experience,by continue using investorsHD,we assume that you have agreed with our cookie terms & policy , to have more privacy experience,simply switch your browser to privacy mode, Learn about cookie

×