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Grab cannot have the whole cake and eat it too

The Edge Singapore
The Edge Singapore7/16/2018 08:00 AM GMT+08  • 5 min read
Grab cannot have the whole cake and eat it too
SINGAPORE (July 16): On July 10, Grab unveiled its plan to evolve into a “super-app” that would feature not just its signature ride-hailing services, but also other everyday services such as grocery delivery. GrabPlatform is a new initiative that woul
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SINGAPORE (July 16): On July 10, Grab unveiled its plan to evolve into a “super-app” that would feature not just its signature ride-hailing services, but also other everyday services such as grocery delivery. GrabPlatform is a new initiative that would give third-party partners access to Grab’s solutions — such as the payments system or its logistics capabilities — to integrate their services with Grab.

At a press conference after the launch of GrabPlatform, CEO and co-founder Anthony Tan framed the initiative as Grab enhancing consumers’ lives. “We bring more value to the customer. We really believe that by offering more everyday content and services, we are bringing more value to their lives. That is just the user base; our larger customer is also society,” he says.

He continues that the larger vision is to help other Southeast Asian start-ups see the light. “I think Grab has an obligation to make sure that other start-ups also grow with Grab. So, why shouldn’t we share our ‘real estate’ that we’ve grown all this while? A lot has happened to get Grab to where it is today. Why shouldn’t we share our technology and what we’ve already built, to help other start-ups succeed?” he says.

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