News & Reviews:   Grab

A few weeks back, the Malaysian government made a drastic announcement that all social media and internet messaging services must apply for a license on 1 August 2024. We are getting to the end of the month and we still haven't heard any development yet until the Asia Internet Coalition (AIC) responded yesterday.

In this short announcement, Grab has quietly put up a notice on a new update for topping up your GrabPay Wallet. Starting from 11 September 2024 onwards, Grab users will be charged a fee if they use their credit cards to top up.

Grab today announced they have taken over a Singapore-based restaurant booking platform, called Chope. For now, the takeover price has not been announced by either party. With this takeover step, it simultaneously re-establishes Grab's position in the "online-to-offline" area while also helping sellers to get more customers.

The Grab app has a few functions and the latest one was released silently. There's a new Family Account hidden in your account profile and you can add your family members in there.

Grab today announced a strategic collaboration with OpenAI, where both parties will jointly develop and offer solutions based on artificial intelligence to Grab's customers, users, and employees. That said, what should you know about it?

In this week's TechNave Business Bytes Week 1 May 2024 we cover cybersecurity, technology advancements, business opportunities, and consumer trends. Kaspersky highlights the importance of strong passwords, while Sailpoint emphasizes robust identity security for businesses. Innovation is evident in partnerships like Lenovo and Austral Techsmith for smart cities and Luno offering new cryptocurrencies. Smart Malaysia seeks passionate individuals for EV promotion, and insureKU aims to revolutionize insurance with its digital platform. The EY survey reveals Malaysians' confidence in their energy future, but a gap exists between perception and action. Palo Alto Networks Unit 42 also found that manufacturing was the worst hit by ransomware in ASEAN and Malaysia.

Recently, Nor Rafidz Nazri of Bank Negara Malaysia (BNM) announced that a special body to oversee entities engaged in providing Buy Now Pay Later (BNPL) would be set up while the Consumer Credit Act (CCA) would impose tighter regulations on BNPL credit providers. Major online BNPL players that were named included Shopee, Grab and Atome as they make up 97% of BNPL providers in Malaysia.

As promised, the Minister of Communications Fahmi Fadzil just officially announced the Pelan Pakej P-Hailing RAHMAH ceremony today. At the event, he mentioned that all p-hailing platform users can subscribe to the package starting today until 23 April 2023 and enjoy mobile internet services as low as RM33 per month.

We are in that time of the year again. Nope, not Christmas. It’s the Monsoon season. Recently, Grab launched the #BantuanBanjir 3.0 campaign to aid flood relief efforts. That said, what should you know about it?

Previously, we reported on Grab potentially acquiring foodpanda Malaysia and several SEA markets as the latter’s owner, Delivery Hero is weighing its sale. Now, it looks like foodpanda’s sale is nearing closer, in fact, as early as December 2023.