BEST DIGITAL NEWS START-UP, WAN-IFRA 2019 GOLD AWARD

STARTUPS

GrabFood may be secret sauce for tasty margins

STARTUPS

GrabFood may be secret sauce for tasty margins

With the integration of GrabFood into the main Grab app, favourable unit economics offers a sweet prospect, but competition may take a bite of earnings
5 -min read
Listen to this article
With the integration of GrabFood into the main Grab app, favourable unit economics offers a sweet prospect, but competition may take a bite of earnings
5 -min read
Listen to this article

Singapore

GRAB'S rapidly-growing food delivery vertical could present juicier margins than its ride-hailing business, although competitive risks remain, industry watchers told The Business Times.

On Tuesday, Grab announced that GrabFood, presently a standalone app in Singapore,...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes