Home News News

Grab launches GrabMaps; to tap Southeast Asia’s US$1 bil mapping and location based-services market

Khairani Afifi Noordin
Khairani Afifi Noordin6/8/2022 03:42 PM GMT+08  • 3 min read
Grab launches GrabMaps; to tap Southeast Asia’s US$1 bil mapping and location based-services market
GrabMaps does not have any specific revenue goals currently.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Superapp Grab has launched GrabMaps, a new enterprise service which allows businesses to leverage its location-based intelligence and technology.

With the launch, Grab is able to tap into the US$1 billion market opportunity in Southeast Asia per year for mapping and location-based services — although it does not have any specific revenue goals currently, according to Grab head of Geo Philipp Kandal.

Grab expects to be fully-self-sufficient with GrabMaps by Q32022. While it will no longer be dependent on paid map and location-based services from third party providers, it will continue to use OpenStreetMap as its base layer map via an Open Database License.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now