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GrabPay Mobile Wallet Will Likely Hit Myanmar in 2019

After Grab’s launch into Myanmar in 2017, the ride-hailing giant intends to follow-up with the expansion of their e-wallet GrabPay, in the ride-hailing giant’s ongoing Southeast Asia takeover strategy. GrabPay is considering Myanmar alongside Cambodia for expansion of its mobile payments service, along with a potential expansion of its range of business throughout ASEAN countries, […]

GrabPay sets sights on Cambodia and Myanmar

Southeast Asia’s largest ride-hailing group plans to take its mobile payments service into Cambodia and Myanmar as it expands its range of businesses throughout ASEAN countries, according to a senior executive. Reuben Lai, senior managing director of the Singapore-based company’s financial arm, identified the two countries as next on the list. Grab’s ride-hailing app is […]

Grab on fast track to growth in Myanmar

Grab, a leading ridehailing service provider in Southeast Asia, is making plans to continue as the market leader in Myanmar with its new offerings for passengers and driver-partners, according to Alvin Loh, the firm’s acting country manager for Myanmar. Loh said in an interview that more and more passengers are enjoying ridehailing services operated by […]

Grab to invest US$100m in Myanmar as smartphone use surges

[SINGAPORE] Grab, Southeast Asia’s biggest ride-hailing app, plans to invest US$100 million in Myanmar as it extends its battle with Uber Technologies to capture exploding use of smartphones. Grab will invest the money over the next three years and work with local governments to expand ride-hailing to more cities and roll out services such as […]

Grab Commits S$136m to Expand in Myanmar

SINGAPORE (REUTERS) – Ride-hailing firm Grab, the main South-east Asian rival of Uber Technologies, said it would commit US$100 million (S$136.2 million) over the next three years to strengthen its presence in Myanmar, grow to more cities and roll out its other services. Grab said it wanted to launch its payments platform, GrabPay, and build […]

The road to taxi reform – can ride-hailing apps help fix the market?

Duncan Burry notes the promise ride-hailing apps hold for Myanmar’s future. Hello Cabs, Myanmar’s first ride-hailing app, was launched in Yangon in August of 2015. Oway Ride, a local rival, was not far behind, launching in February 2016. And then two large international players were launched in 2017: Grab in March and Uber in May. […]

Grab is adding Myanmar’s Wave Money to its mobile wallet

Ride-hailing and mobile payments startup Grab is partnering with Wave Money in Myanmar. Drivers will be able to sign up for emoney accounts that let them cash out their daily earnings at one of Wave’s 9,000 shops across Myanmar, Grab said in a statement today. Grab also plans to integrate Wave Money’s digital wallet with […]