Anthony Tan | |
---|---|
陈炳耀 | |
Born | December 1982 Malaysia |
Citizenship | Singapore |
Education | University of Chicago (BA) Harvard Business School (M.B.A.) |
Occupation | Businessman |
Known for | Co-founder and CEO of Grab |
Spouse | Chloe Tong |
Children | 5 |
Parents |
|
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Anthony Tan (Chinese :陈炳耀)
Anthony Tan (Chinese: 陈炳耀; born December 1982) is a Malaysian-Singaporean entrepreneur best known as the co-founder and chief executive officer of Grab, a leading technology company in Southeast Asia. Under his leadership, Grab has grown from a ride-hailing startup to a publicly traded multinational firm offering services in transportation, food delivery, digital payments, and financial technology. The company holds the distinction of being Southeast Asia's first unicorn, symbolizing its valuation exceeding $1 billion.
Tan's entrepreneurial journey has made him a prominent figure in the region's tech industry. In 2021, Forbes recognized him as one of Singapore's wealthiest individuals, with an estimated net worth of $790 million. His achievements have positioned Grab as a key player in shaping the digital economy of Southeast Asia, driving innovation and accessibility across its markets.
Anthony Tan was born in Malaysia. His father, Tan Heng Chew is an automobile manufacturing executive who served as the president of Tan Chong Motor, a Malaysian manufacturing company that assembles and distributes Nissan vehicles in the Southeast Asia region. Tan's great-grandfather was a taxi driver and his grandfather was responsible for pioneering the Japanese automotive industry in Malaysia. [1] He worked on the assembly line at his father's company and attended meetings with union bosses at a young age. [2]
Tan expressed an interest in business and entrepreneurship at a young age. He started his first business venture at the age of 11 when he began retail trading and accepting cash for X-Men comics. [3] At the age of 14, he volunteered to raise money for the AIDS Foundation. [3]
As an undergraduate, Tan attended the University of Chicago and earned a bachelor's degree in economics and public policy. Tan's education on econometrics, public policy and philosophy there provided him with a foundation to understand and transcend the windows of opportunity on topics like ride-hailing or traffic jams across the Southeast Asia. [4] He later earned a Master's of Business Administration from Harvard Business School. [5]
Tan was the head of supply chain and marketing at Tan Chong Group for the automotive brands under the Tan Chong Motor conglomerate. [6] He chose not to work for the family business and started to develop an idea for a company after a friend from Harvard visited Malaysia and complained to him about the country's taxi system. [1] [5]
While attending Harvard Business School, Tan partnered with his classmate Tan Hooi Ling on making taxis safer in their home country of Malaysia in part due to ranking as the worst cab service in the world. [7] [8] They wrote a business plan for a taxi booking app, which won the second prize at the HBS New Venture Competition in 2011. Using the $25,000 of prize money from the competition, their own personal funds and an investment from Tan's mother, the duo launched MyTeksi in June 2012 with its headquarters in Kuala Lumpur. [9] [10]
By 2016, the company had rebranded as Grab and Tan was recognized along with his co-founder by Fortune and Straits Times as "40 Under 40" and "Asians of the Year", respectively. [11] [12] He was a speaker at the World Economic Forum in 2019. [13] In 2020, Grab’s cofounders were recipients of the Nikkei Asia Prize for economic and business innovation. [14] In 2021, Fortune named Tan and his co-founder on their list of "World's 50 Greatest Leaders". [15]
Tan took up Singapore citizenship in 2016. [16]
Tan is married to Chloe Tong, daughter of Tong Kooi Ong. [16] They have five children. [17] [18]
In November 2023, Grab became a target of voluntary boycotts in Indonesia and Malaysia following the re-surfacing of an Instagram Story posted by Chloe Tong, Anthony Tan's wife. Chloe allegedly stated in the story that she was "completely in love" with Israel. This drew controversy in the wake of the 2023 Israel–Hamas war. According to media reports, the story has originally been posted during a family religious heritage trip in July earlier that year, and Chloe later reiterated in a separate post that the story had been made long before she was personally aware of the conflict. [19]
Chen ( ) is a common Chinese-language surname and one of the most common surnames in Asia. It is the most common surname in Taiwan (2010) and Singapore (2000). Chen is also the most common family name in Guangdong, Zhejiang, Fujian, Macau, and Hong Kong. It is the most common surname in Xiamen, the ancestral hometown of many overseas Hoklo.
The Malaysian Chinese Association, formerly known as the Malayan Chinese Association, is an ethnic political party in Malaysia that seeks to represent the Malaysian Chinese ethnicity; it was one of the three original major component parties of the coalition party in Malaysia called the Alliance Party, which later became a broader coalition called Barisan Nasional in Malay, or National Front in English.
The Malaysian People's Movement Party is a liberal political party in Malaysia.Formed in 1968, Gerakan gained prominence in the 1969 general election when it defeated the ruling Alliance Party in Penang and won the majority of seats in Penang's state legislature. In 1972, Gerakan joined the Alliance Party, which later became Barisan Nasional (BN), the ruling coalition of Malaysia until 2018. It has been a member of Perikatan Nasional (PN) since 2021.
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Tan Sri Dato' Sri Lee Kim Sai was a Malaysian politician. In the 1980s and 1990s, he served as Labour Minister (1985–1989), Housing and Local Government Minister (1989–1990) and Health Minister (1990–1995); and was deputy president of Malaysian Chinese Association (MCA) (1986–1996), a major component party of the Barisan Nasional (BN) coalition.
Chung Ling High School is a secondary school in George Town, Penang, Malaysia. It was initially established in 1917 as a primary school, and later became a junior high school in 1923, becoming the oldest extant Chinese high school in Malaysia. Following the merger of The Chinese High School in Singapore in 2005, Chung Ling High School became the oldest surviving Chinese high school in Southeast Asia.
Tan Koon Swan is a Malaysian political and corporate figure. He was the fifth president of the Malaysian Chinese Association (MCA), a component party of Barisan Nasional (BN) coalition; from November 1985 to September 1986.
Tin Pei Ling is a Singaporean politician and businesswoman. A member of the governing People's Action Party (PAP), she has been the Member of Parliament (MP) representing MacPherson SMC since 2015 and previously the MacPherson division of Marine Parade GRC between 2011 and 2015.
Tan Sri Lim Kok Thay is a Malaysian Chinese billionaire businessman. He is the chairman of Genting Group, a casinos, resorts and palm oil conglomerate with a market capitalization of almost MYR40 billion, and the second son of fellow billionaire Lim Goh Tong, the company's founder.
Tan Chin Hwee is a Singaporean businessman and is an adjunct professor at Nanyang Technological University ,[27] Shanghai Jiao Tong University,[28] Singapore Management University[29] and the University of Yale. He is Chairman of SGTraDex Services and Chairman of Energy Resilience Advisory Panel, Energy Market Authority (EMA).
Grab Holdings Inc. is a Singaporean multinational technology company headquartered in One-North, Singapore. It is the developer of a super-app for ride-hailing, food delivery, and digital payment services on mobile devices that operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam.
Tan Chong Motor Holdings Berhad (MYX: 4405), also known as the TCMH Group or simply Tan Chong Motor (TCM) is a Malaysia-based multinational corporation that is active in automobile assembly, manufacturing, distribution and sales, but is best known as the franchise holder of Nissan vehicles in Malaysia. The company was founded in 1957 by two Malaysian entrepreneurs, Tan Yuet Foh and Tan Kim Hor, with ambitions of importing and selling Datsun cars from Japan. Tan Chong Motor Holdings Berhad was incorporated on 14 October 1972, and in 1974, the company was listed on the Kuala Lumpur Stock Exchange.
PT Gojek Indonesia is an Indonesian on-demand multi-service platform and digital payment technology group based in Jakarta. Gojek was first established in Indonesia in 2009 as a call center to connect consumers to courier delivery and two-wheeled ride-hailing services. Gojek launched its application in 2015 with only four services: GoRide, GoSend, GoShop, and GoFood. Valued at US$10 billion today, Gojek has transformed into a super app, providing more than 20 services.
Quest Ventures is a venture capital firm founded in 2011 by James Tan and Wang Yunming in Beijing, China. The firm mainly focuses on digital commerce investments and has an office in Singapore. The firm deploys funds across Asia in countries such as Singapore, Malaysia, Vietnam, and Indonesia. Quest Ventures is also the largest anchor tenant at JTC Launchpad.
Tan Hooi Ling is a Malaysian businesswoman based in Singapore. She is best known as the co-founder and Chief Operating Officer (COO) of Singaporean ride-hailing company, Grab Holdings Inc. Tan was a business analyst at McKinsey & Company before she co-founded Grab with Anthony Tan while attending Harvard Business School.
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