Third Point
Third Point, established in 1995 and headquartered in New York, is an SEC-registered investment adviser. Led by Daniel S. Loeb, the firm specializes in event-driven, value-oriented investing, aiming to identify situations where a catalyst can unlock value. Its team comprises investment, risk management, and trading professionals, supported by experienced accounting, operations, legal, and compliance personnel. In addition, Third Point Ventures, the firm's venture capital arm, invests in early-stage and growth-stage companies across various technology sectors, with a focus on consumer, data, AI, and healthcare technology.
Top Stages
Past deals in Myanmar
Grab
Series G in 2017
Grab Holdings Inc., headquartered in Singapore, operates a mobile technology platform that integrates city transportation and various on-demand services in Southeast Asia. The company, founded in 2012 by Anthony Tan and Tan Hooi Ling, offers services such as ride-hailing (GrabTaxi, GrabCar), carpooling (GrabHitch, GrabShare), shuttle services (GrabShuttle, GrabShuttle Plus), and food delivery through its GrabFood platform. Grab also provides financial services, including payments, consumer loans, and enterprise offerings. It operates in eight countries: Singapore, Indonesia, Philippines, Malaysia, Thailand, Vietnam, and Myanmar. Grab generates revenue by charging commissions to both consumers and service providers, with ride-hailing and food delivery contributing to 89% of its total revenue. The company competes with Foodpanda and Gojek in the region.
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