Third Point LLC is an SEC-registered investment adviser founded in 1995 and based in New York City. Led by Chief Executive Officer Daniel S. Loeb, the firm specializes in event-driven, value-oriented investing, focusing on situations where anticipated catalysts can unlock value. With approximately $5 billion in assets under management, Third Point employs a team of professionals dedicated to investment activity, risk management, and trading, supported by experts in accounting, operations, investor relations, and compliance. The firm also has a venture capital arm, Third Point Ventures, which was established in 2000 and operates from Menlo Park, California. Third Point Ventures focuses on early-stage investments and growth capital across various sectors, including consumer technology, fintech, healthcare, and more, aiming to support innovative companies in their development.
Grab Holdings Inc., based in Singapore, is a prominent mobile technology platform operating in Southeast Asia. Founded in 2012, the company offers a wide range of services, including ride-sharing through GrabTaxi and GrabCar, and food and grocery delivery. Grab also provides financial services, such as payments, consumer loans, and insurance, catering to both merchants and consumers. Its platform connects drivers and customers, generating revenue primarily through commissions from ride-sharing and food delivery services. Grab operates in eight countries, including Singapore, Indonesia, and Malaysia, where it holds a significant market share. The company has expanded its offerings to include various options for transportation and delivery, as well as a mobile wallet for seamless transactions. Grab continues to face competition from other regional players, such as Foodpanda and Gojek.
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