Grab now offers a similar service with motorcycles where a driver will pick up passengers and give them rides, a business model pioneered in the region by Go-Jek. The deal also marks the Japanese automaker’s first investment in a ride-hailing company.
To continue reading,
Sign in to access this Premium article.
Subscription entitlements:
Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Related Stories
- DBS lowers Grab's TP to US$4.08 on potential mobility slowdown
- Grab partners Circle to pilot Web3 features in Singapore
- Citi increasingly positive on Grab following sustainable improvement in operations