Grab Financial Group (GFG) has launched GrabMerchant Commerce, a webstore builder platform targeted at small and medium businesses across Southeast Asia.
The pilot programme was launched in May in Singapore. Over 500 merchants have signed up, with businesses ranging from apparel, furniture F&B and artisanal products. According to GFG, the merchants have averaged a six-time increase in sales from when they first started their online businesses, with 83% of them activating GrabPay.
Besides enabling businesses to build webstores, the GrabMerchant Commerce platform offers tailored support in areas such as marketing and brand development, as well as advanced operations such as automation, CRM, inventory, and logistics.