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The coronavirus poses a stark threat to the food economy in Southeast Asia. The food stalls and open-air markets where millions dine and shop in Malaysia, Indonesia, and elsewhere in the region lost patrons as lockdowns began—and few had an online presence to court customers for delivery. 
 
Grab, the Singapore-based tech company best known for its ride-hailing app, has stepped into the gap. The company already had relationships with many regional merchants through its food-delivery business. As the pandemic unfolded, it expanded its GrabMart grocery service to connect more than 3,000 food providers with online shoppers. Grab also signed on more merchants to its QR-code-based contactless payment service, helping them serve customers who feared infection risk from credit cards or cash. Pre-COVID, these services seemed “nice to have,” CEO and cofounder Anthony Tan recently told Fortune. Today they’re “the primary source of business for many of these guys.”

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Grab is Southeast Asia's leading ride-hailing firm and super-app, operating in Singapore, Malaysia, Indonesia, Myanmar, Cambodia, the Philippines, Thailand and Vietnam. The Grab app offers ride-hailing, food delivery, and fintech&nbsp;services.

Grab Holdings Company Profile, Stock Price, News, Rankings

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Grab Holdings

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Grab is Southeast Asia's leading ride-hailing firm and super-app, operating in Singapore, Malaysia, Indonesia, Myanmar, Cambodia, the Philippines, Thailand and Vietnam. The Grab app offers ride-hailing, food delivery, and fintech services.

Grab Holdings Company Profile, Stock Price, News, Rankings | Fortune

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Grab CEO Anthony Tan singles out one market as shares soar after blowout quarter: ‘Everybody loves Thailand’

/asia/2024/11/12/grab-ceo-anthony-tan-singles-out-market-shares-soar-blowout-quarter-thailand/

Grab’s chief product officer says generative AI is an ‘accelerator’ in its drive to get more people using the app without ‘friction’

/asia/2024/06/19/generative-ai-accelerator-grab-chief-product-officer-southeast-asia-500/

Grab’s COO thinks there’s ‘tremendous upside’ in fast-growing Southeast Asia after the startup recently reported its first-ever profitable quarter

/asia/2024/04/27/grab-coo-alex-hungate-first-profitable-quarter-tremendous-upside-southeast-asia/

Grab CEO Anthony Tan singles out one market as shares soar after blowout quarter: ‘Everybody loves Thailand'

http://web.archive.org/web/20250207035332/https://fortune.com/asia/2024/11/12/grab-ceo-anthony-tan-singles-out-market-shares-soar-blowout-quarter-thailand/?itm_source=parsely-api

Grab's COO thinks there's 'tremendous upside' in fast-growing Southeast Asia after the startup recently reported its first-ever profitable quarter

http://web.archive.org/web/20250207035332/https://fortune.com/asia/2024/04/27/grab-coo-alex-hungate-first-profitable-quarter-tremendous-upside-southeast-asia/?itm_source=parsely-api

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Grab Holdings

Grab Holdings in Fortune Rankings