Daily Markup #793: Grab honored as ‘TIME100 Most Influential Companies’ for building an inclusive digital economy in SE Asia

July 25, 2023 · 2 min read

Credit: Grab

More than Uber, it’s super

Congratulations to 500-backed superapp Grab for being honored as ‘TIME100 Most Influential Companies’! This comes after making Fast Company’s Most Innovative Companies and World Changing Ideas earlier this year.
TIME100 recognizes companies making an extraordinary impact around the world through innovation, ambition, and success. “We’re proud to be selected for the work we’re doing in helping to build a more inclusive digital economy for Southeast Asia,” the company said.
In 2022 alone, the team brought 685,000 small businesses online and provided training and tools to help them run their businesses more efficiently. A GrabMerchant Centre was also established as a one-stop hub that provides 1-on-1 business consultation services to small businesses to help them grow.
This enables even micro-entrepreneurs to gain insights into their customer base, and design marketing campaigns that reach their desired audience.
But this is only the beginning. Grab aims to offer a wider range of tools for businesses – from helping them run their online operations more efficiently, to connecting with offline customers, to obtaining financing to invest in their growth.
Grab will also enhance financial inclusion by launching Indonesia and Malaysia digibanks.
Read the full story here.

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