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Platforms like Grab, Go-Jek to drive next wave of economic growth

Their online reach is set to get wider even as Internet usage in South-East Asia is set to boom, says Stripe CFO

Published Fri, Mar 30, 2018 · 09:50 PM

Singapore

COMMERCIAL platforms such as Grab, Carousell and Go-Jek will drive the next wave of global economic growth, according to Will Gaybrick, chief financial officer (CFO) at Stripe, one of the world's most valuable payments technology startups.

In a recent interview with The Business Times, he said Grab is an example of platforms that play an "increasingly powerful and important role in the global economy". The Singapore-based transport and payments company has enabled "more commerce to happen", particularly in South-east Asia.

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