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

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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