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Grab closing GrabInvest and investment products

Grab is shuttering its investment products AutoInvest and Earn+ from Monday (Sep 25), and winding down the GrabInvest business. "The decision follows an extensive review which concluded that the business would not be commercially viable," said Grab in an e-mail to customers. The GrabInvest business was only serving the Singapore market, as Grab did not roll out either investment product.

Grab ceases operations of investment products AutoInvest and Earn+ in SG

Ride-hailing and food delivery app Grab will be ceasing operations for its AutoInvest and Earn+ investment products from 2 October 2023. The company will also be winding down its GrabInvest business, according to a notice on its website. 

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