10 Jul '18, 3am

Grab's new open platform - GrabPlatform - can help catapult start-ups in Southeast Asia.

Grab at its regional media event in Singapore today announced GrabPlatform – its open platform strategy to build Southeast Asia’s first everyday superapp. The platform is a suite of APIs that enables partners to access components of Grab’s technology like logistics and payments. The launch of GrabPlatform comes off the back of a milestone year for Grab. The numbers speak for themselves. The company crossed two billion rides on 7 July 2018. Anthony Tan, group CEO & co-founder of Grab, said it took five year and four months to hit one billion rides but less than nine months to hit the next billion. Grab is also the first Southeast Asian company to hit revenues of USD1 billion by the end of 2018. With its core in transportation, Grab’s transport business is still rapidly growing, with Gross Merchandise Volume (GMV) more than doubling in the past 12 months. Its new business se...

Full article: https://vernonchan.com/grab-unveils-grabplatform-grabfres...

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