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

SMILE to Empower Smallholders

Kamis, 29 Oktober 2020 - 08:35 WIB

Kao Corporation, Apical & Asian Agri Join Hands to Empower Smallholders with SMILE Program

SMILE or the SMallholder Inclusion for better Livelihood & Empowerment program to help independent oil palm smallholders in Indonesia improve their yields, acquire international certification,…

Industrial Area Ilustration

Rabu, 28 Oktober 2020 - 08:40 WIB

CFLD Develop a Strategic Industrial Area which is Supported by Seven New Infrastructures

Segye ASEAN Forum 2020 which is a series of Indonesian and Korean Manufacturing Industry Partnership forum events held, was attended virtually by more than 500 executives from well-known manufacturing…

Hilton – Asia Pacific (Photo by Hilton Asia Pacific - Posts | Facebook)

Selasa, 27 Oktober 2020 - 15:40 WIB

Waldorf Astoria to Debut in Japan with Milestone Signing In Tokyo

Set to open in 2026, Waldorf Astoria Tokyo Nihonbashi to Offer Timeless Luxury and Unrivaled Service in Japan’s Cultural Capital.

Illustration of Fintech Application

Senin, 26 Oktober 2020 - 18:55 WIB

Need for Funds Increased due to Pandemic? This is the Solution!

AdaKami is a peer-to-peer (P2P) lending operator in Indonesia that provides loan facilities (credit) without collateral through an online application.

Ian Hall - Asia-Pacific Client Services Manager, at Synopsys Software Integrity Group

Senin, 26 Oktober 2020 - 11:00 WIB

4 Steps for CISOs to Improve Their Organisation’s Application Security Program

Synopsys recently published its annual BSIMM report, created to help organisations plan, execute, measure, and improve their software security initiatives