Figuring Outย โขย 9m
Grab's Journey, From Ride-Hailing to Super App! So In 2012, two Harvard students, Anthony Tan and Tan Hooi Ling, founded an online ride-booking platform called MyTeksi in Malaysia. They received a grant of US$25,000 from Harvard Business School to help fund their venture. MyTeksi quickly gained popularity, and by August 2013, they expanded to the Philippines, followed by Singapore and Thailand in the same year. In 2016, they rebranded the platform as Grab. The following year, they acquired the Indonesian online payment startup Kudo, marking their entry into the payments industry. In March 2018, Grab made a major move by aquaring UBER's Southeast Asian operations. As part of the acquisition, Grab took over Uber's assets and operations in the region, including UberEats in Southeast Asia. This acquisition allowed Grab to enter the food delivery segment. Within the next few years, Grab launched its own e-scooter rental service, cloud kitchens, courier services, and expanded further into financial services, including insurance, loan services, bill payments, shopping, and even healthcare. Just like that, What started as a ride-sharing app in Malaysia in 2012 is now among the first successful super apps, offering services in 8 Southeast Asian countries. Today, Grab is a $25 billion publicly listed company with $2.5 billion in revenue, profitability! This success story teaches us that slow and steady expansion can also be an effective strategy.
Finding my self ๐ถโ๏ฟฝ...ย โขย 5m
List of the top 10 companies by SoftBankโs investment amounts, based on total known funding . 1.Arm Holdings - ~$32B (acquisition) - Chip designer. 2.WeWork - ~$10.5B - Co-working spaces. 3.Didi Chuxing - ~$10.5B - Chinese ride-hailing. 4.Uber -
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YouTubeย โขย 2m
McDonaldโs entered the Philippines in 1981. Everyone predicted Jollibee would get crushed. Instead, Jollibee outcompeted them. This is the story of how an ice cream seller created the worldโs fastest-growing Asian restaurant chain: Tony Tan Caktion
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YouTubeย โขย 1y
๐๏ธ How did Uber's initial funding rounds impact its growth Uber's initial funding rounds were crucial in fueling the company's rapid growth and expansion. Uber raised an initial $1.25 million in angel funding from First Round Capital in 2010, which
See MoreHey I am on Medialย โขย 8m
hello everyone I want to test my idea for my startup I have to deliver affordable home painting services across country. we are providing hassle free painting services with our consumer budget. we are providing multiple brand paints services in a s
See MoreBaki sab thik ?ย โขย 1y
#GlobalStartupSafari begins!โจ Pathao = Rapido + zomato + blinkit + Delhivery Pathao, often likened to a fusion of Rapido's efficient ride-sharing, Zomato's convenient food delivery, Blinkit's swift parcel delivery, and Delhivery's robust e-commerce
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Guys I have an scenario/question. Lets assume you have booked an ride via any ride sharing app. But most of the time riders will call us and says to cancel ride. How can ride sharing apps can minimize that. Note : please keep in account that not j
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Dexter Capital Advisorsย โขย 4m
Trump just gifted Indian solar module exporters a crazy big win, and yet nobodyโs talking about it ๐๐ The US has imposed duties up to 3,521% on imports from Cambodia, Vietnam, Malaysia, and Thailand - nations that supplied 77% of Americaโs solar m
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