South-East Asia's Grab plans deeper push into food services


A rider for GrabFood outside Raffles Place in Singapore. Grab has earmarked food delivery as a major pillar for growth as it expands beyond its taxi-hailing roots into other areas, including financial services. — Bloomberg

SINGAPORE: South-East Asian ride-hailing firm Grab is setting up more kitchen facilities for merchants and adding new services such as procurement and analytics in a bid to push deeper into the fast-growing food delivery business.

Grab, the region's most valuable startup, has earmarked food delivery as a major pillar for growth as it expands beyond its taxi-hailing roots into other areas, including financial services.

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