Tan’s mother Khor did not share the same sentiments as her husband. This action purportedly angered his father, who allegedly responded by refusing to finance MyTeksi and threatening to deprive him of his inheritance rights. To fully focus on developing MyTeksi, Tan later resigned from his position as the Head of Supply Chain and Marketing at Tan Chong Motor Holdings. Maybe out of 10 drivers I pitched, two would agree to try it.” “‘Uncle give us a chance lah, your income is sure to increase!’ We were basically begging. He remembers knocking on the windows of taxis in a bid to get drivers to download the app: Tan also faced resistance from taxi drivers, who were not interested in using the MyTeksi app. Tan then had to manage the operations of MyTeksi on his own. This began with Tan Hooi Ling having to serve a bond with McKinsey & Company upon graduation. MyTeksi faced a number of problems during its inception. The pair then went on to found MyTeksi in 2012, funded by a combination of the prize money and Tan’s personal savings. When she was a consultant at McKinsey she’d finish work late at night and would have to pretend to be on the phone with her mother (while in the taxi as a safety precaution).” Īlthough the proposal was met with some resistance from the pair’s professors, it still emerged as the runner-up and won them USD25,000. “Hooi Ling experienced the pain for herself. Tan elaborated further on the safety issue with the taxi industry in a feature piece with Today Online, using Hooi Ling as an example: The proposal aimed to create a "mobile app that connects taxi seekers directly with taxi drivers closest to their location in the chaotic Malaysian urban environment." The proposal also took into account the issues of overcharging and safety that plagued the taxi industry in Malaysia, intending for the app to provide safe and reliable taxi services to its users. Grab began as a business proposal that Tan, along with his friend and fellow coursemate Tan Hooi Ling, formulated for the Harvard Business School New Venture Competition 2011. įrom 2009 to 2011, Tan completed a Masters in Business Administration at Harvard Business School. Educationįrom 2000 to 2004, Tan did a Bachelor of Arts with Honors in Economics and Public Policy at the University of Chicago. Tan was born in Kuala Lumpur, Malaysia in 1982 to Tan Heng Chew, president of automotive conglomerate Tan Chong Motor Holdings, and Khor Swee Wah. 4.3 Wife Chloe Tong purchased a $40 million Good Class Bungalow (9 July 2021).4.2 Going undercover as a Grab food delivery rider (19 June 2021).4.1 Name used in fake Facebook advertisements to promote sham products (2019).3.1 #38 on 2019 Malaysia’s 50 Richest Net Worth.2.10 Introduction of more lifestyle services in Singapore (2019). 2.9 Acquisition of Uber’s Southeast Asian operations and launch of GrabFood (2018).2.7 Rebranding to Grab and launch of GrabRewards (2016).2.5 Launch of other ride-hailing services (2014-15).
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