Grab Has Ambition to Become Platform Online to Offline Largest in Southeast Asia

By : Ahmad Fadli Dan Aldo Bella Putra | Monday, March 26 2018 - 17:30 IWST

Penyedia transportasi berbasis aplikasi, Grab Indonesia (Foto Ist)
Penyedia transportasi berbasis aplikasi, Grab Indonesia (Foto Ist)

INDUSTRY.co.id - Jakarta - Online transport platform, Grab officially acquires Uber shares in Southeast Asia of 25 to 30 percent with a total business value of USD 6 billion. Grab's management is ambitious to be Southeast Asia's largest mobile-based online to offline platform.

"This acquisition is a milestone in the commencement of a new era. Together with Uber we are in an increasingly precise position to fulfill our commitment to provide the best service to consumers," Co Founder Grab Anthony Tan said in a press release to media crew on Monday (26/3/2018).

All Uber services within Southeast Asia will further integrate with the Grab ecosystem. Grab took over all of Uber's assets in Indonesia, Cambodia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

The two companies are working together to facilitate migration of driver partners, merchant partners, and Uber customers into the Grab platform.

Meanwhile, CEO Uber Dara Khosrowshahi said Uber will continue to operate its application over the next two weeks to ease the migration process of Uber's partners. However, the Uber driver's partner still needs to follow the re-registration as a Grab partner online through the page www.grab.com/id/comingtogether

The Uber Eats service remains available until the end of May. After that, Uber partner partners and restaurants moved to the GrabFood platform. Grab also targets GrabPay's digital wallet service to be available in all countries in Southeast Asia from late 2018.

News Comment

Today's Industry

COVID-19 Emergency Hospital in Kemayoran Athletes Village (Photo by: PR of Ministry of Health)

Kamis, 13 Mei 2021 - 06:10 WIB

Gov’t Completes Incentive Payment for Volunteers at Kemayoran Athletes Village

Ministry of Health, on 6-10 May 2021, has completed incentive payment of December 2020 for 1,613 volunteers working at COVID-19 Emergency Hospital in Kemayoran Athletes Village amounting to…

Vice President Ma’ruf Amin chairs a virtual meeting of the Regional Autonomy Advisory Council (DPOD), Tuesday (11/05). Photo by: BPMI of Vice Presidential Secretariat

Kamis, 13 Mei 2021 - 05:00 WIB

Special Allocation Fund during Pandemic Must be Managed in Accountable Manner: VP

The use of Special Allocation Fund (DAK) during the COVID-19 pandemic must take into account the accountability principle, Vice President Ma’ruf Amin has said.

Minister of Religious Affairs Yaqut Cholil Qoumas, Chairperson of the Indonesia Ulema Council (MUI) KH Abdullah Jaidi, and Deputy Head of Commission VIII Ace H Syadzili

Kamis, 13 Mei 2021 - 03:50 WIB

Eid al-Fitr Falls on Thursday, Gov’t Announces

The Government has announced that the first day of Shawwal 1442 Hijri, which marks the Eid al-Fitr 1442 Hijri celebration, falls on Thursday, 13 May 2021.

Minister of Manpower Ida Fauziyah. (Photo by: BPMI Documentation)

Kamis, 13 Mei 2021 - 02:45 WIB

Manpower Minister: Companies Must Protect Loading-Unloading Workers through Social Security Programs

Minister of Manpower Ida Fauziyah told companies to protect their loading-unloading workers (TKBM) through social security program for workers.

Minister of Transportation Budi Karya Sumadi inspected transportation service during the mudik ban period (11/05/2021). (Photo by: PR of Ministry of Transportation)

Kamis, 13 Mei 2021 - 01:39 WIB

Logistics Transport Movement During Mudik Ban Jumps by 70%

Movement of logistics transport via sea toll road has dramatically increased by about 70 percent during the period of mudik (Eid homecoming period) ban, according to Minister of Transportation…