GrabFood launches in Malaysia and Singapore as UberEats shuts down

By BizClik Admin

GrabFood officially launched in Singapore and Malaysia on Monday night, as the last vestiges of western ride-hailing giant Uber disappear from the region.

Following beta tests in Kuala Lumpur and Singapore, GrabFood launched in the two nations and the UberEats food delivery app went offline in Southeast Asia today (Tuesday).

GrabFood, a delivery service which partners with existing food vendors in the area, was already available in Indonesia and Thailand and is set to launch in Vietnam and the Philippines this quarter. The business has already partnered with several local food outlets like Hock Lam Beef Noodle and global businesses such as McDonalds.

See also:

Grab partners with Maybank to bring GrabPay to Malaysia

Uber concedes in Southeast Asia, will sell local business to Grab

Grab seeks $1bn for $10bn valuation

According to Tech in Asia, Grab says Singapore has a total food delivery market worth $224mn, with around 4000 restaurants and 12,000 hawkers it can still partner with.

It was reported last week that Grab’s Indonesian rival Go-Jek is investing $500mn expanding into new markets and hopes to launch in Singapore this year. It will likely bring with it its food delivery platform Go-Food which may provide healthy competition for Grab.

GrabFood is offering its customers no minimum order requirements and the chance to order a meal up to five days in advance. As it launched the service in Singapore, Grab stated: “This move enables Grab to bring more Southeast Asians online, providing consumers, driver-partners, delivery-partners, and merchant-partners with better convenience for everyday services and more income opportunities.”

Share

Featured Articles

Nirvik Singh, COO Grey Group on adding colour to campaigns

Nirvik Singh, Global COO and President International of Grey Group, cultivating culture and utilising AI to enhance rather than replace human creativity

How Longi became the world’s leading solar tech manufacturer

On a mission to accelerate the adoption of sustainable energy solutions, US$30 billion Chinese tech firm Longi is not just selling solar – but using it

How Samsung’s US$5billion sustainability plan is working out

Armed with an ambitious billion-dollar strategy, Samsung is on track to achieve net zero carbon emissions company-wide by 2050 – but challenges persist

UOB: making strides in sustainability across Southeast Asia

Sustainability

Huawei smartwatch goes for gold with Ultimate Edition

Lifestyle

How IKEA India plans to double business, triple headcount

Corporate Finance