Grab now has more rivals than ever beforeVietNamNet Bridge - Grab has announced a strategy on developing an ecosystem of services, from ride-hailing services and food ordering to lending. Grab has announced a strategy on developing an ecosystem of servicesMulti-billion dollar marketFrom an e-hailing app, Grab has made great steps forward, providing many different services. The non-cash payment market, according to Grab, is worth $500 billion in South East Asia. The total number of Grab downloads has reached 95 million all over South East Asia. However, the analyst said, by expanding its business, Grab would have to compete with more rivals who are ‘powers’ in their fields.

Source: VietNamNet News June 04, 2018 06:00 UTC