Since last August 20-year old Chit Su Ma worked as a cashier at the fast-food chain Marry Brown. Though she enjoyed the cooking, cleaning and customer service aspects of the job, she was also impressed by the food delivery riders who came to deliver most of their orders throughout the day. Being more of an […]
Grab expands financial products portfolio
The Investor/ANN – Grab Financial Group, the financial technology arm of Southeast Asia-based ride-hailing app Grab, on Tuesday rolled out a series of consumer financial services, including microinvestment and microloan schemes. The company’s new strategy, “Thrive With Grab,” includes microinvestments, third-party consumer loans, microinsurance and a pay-later program, expanding its formerly merchants- and small businesses-focused […]
Grab opens first GrabKitchen in Yangon
Grab, a Singaporean transportation and food icon, will open its first GrabKitchen in Tarmwe Township in Yangon on April 10, 2020. GrabKitchen will be opened as a multi-kitchen place that includes mini kitchens for restaurant partners to prepare their food, which you can order from Grab app. It will be a merchant platform for F&B […]
Grab bags $700m from Mitsubishi UFJ
Japan’s Mitsubishi UFJ Financial Group Inc is investing more than US$700 million in ride-hailing firm Grab. The Japanese financial institution intends to market a range of financial services from insurance to loans to Grab’s users, Bloomberg quoted a source as saying. Grab is also backed by Japan’s SoftBank Group Corp, which has invested more than […]
Grab says it pumped $100M into Myanmar in four years
Ride-sharing company Grab has invested over US$100 million (K143.5 billion) in Myanmar in the past four years to strengthen its position on the local taxi market, a senior company official said Tuesday. Cindy Toh, country manager for Grab, said the company will continue investing to further improve the quality of its service in Myanmar. “Grab […]
Japan millennial ditches suit to seek fortune in Myanmar deliveries
YANGON — Kenta Takada, the Japanese founder of Myanmar-based bicycle delivery service and online shopping platform Hi-So, loves a good challenge. Every morning at 10 a.m., riders on bicycles lugging large insulated bags on their backs emerge from a building on a corner in Yangon, Myanmar’s commercial capital. They dart off one by one after […]
Moken fear a sea grab in the Myeik Archipelago
The Moken were the nomads of the Andaman Sea until they were forced to settle on land. Now, some Moken risk losing their fishing waters to pearl farms By HEIN THAR and BEN DUNANT | FRONTIER KO BABU stands on the sandy shore of Langan Island, watching the slowly moving boats. His workers, in small […]
What’s it Really Like to Drive for Grab in Myanmar?
Since its arrival in March 2017 Singapore based transportation company Grab has exploded to become the leading ride hailing platform in Myanmar. In its first four months of service, the company reportedly registered over 5,000 drivers nationwide. Since then it’s muscled out competitors Oway Ride, Hello Cabs and OK Taxi by strategic partnerships, diversifying product […]
Grab Launches Premium Rentals [Beta] in Yangon
Grab has introduced a new premium, on-demand and flexible service “Premium Rentals [Beta]” that can be booked on-demand through the Grab App, without the hassle of negotiating calls to tour or transportation companies. The new service allows seating for up to seven passengers to ride in spacious Toyota Alphards with safety features and professional chauffeurs, […]
GrabFood offers food delivery services in Yangon
Grab, the transport network company, will offer food delivery services to Yangonites in nine townships, according to the Country Head of Grab Myanmar, Cindy Toh. The company announced that the new service will be called GrabFood at a press conference held on November 26. “Grabfood will deliver food to customers with bicycles couriers in the […]