Startups' plug-and-play solutions offer path to digitalisation
They have seen greater demand from firms wanting to go online due to Covid-19
Claudia Chong
DeeperDive is a beta AI feature. Refer to full articles for the facts.
AS THE Covid-19 pandemic forces consumers indoors and online, startups and young tech firms that offer plug-and-play digitalisation solutions are seeing greater demand from South-east Asian companies. Many of these are small and medium-sized enterprises (SMEs) in traditional sectors, with little to no experience in technology, and which are now looking for a highway to the virtual world.
Such plug-and-play solutions typically provide a "one-stop shop" for businesses to address the basic needs of going digital for the first time, and at an affordable price.
Grab, for instance, launched a free self-serve platform called GrabMerchant in June. It aims to help merchants optimise operations, view insights, purchase supplies at wholesale rates and create ads.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS