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How do Grab Work? It’s And Revenues Model

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Abservetech Private Limited
How do Grab Work? It’s And Revenues Model

Grab is an online food delivery mobile app. It was founded by Anthony Tan in 2012. It is a multinational technology company. It is one of the On-Demand meal delivery applications. Grab, the area served 8 countries and 400 cities. It provides 

customers with food delivery, transportation, and digital payment through the app.


How Grab Works?


Grab business model utilize the notion of an app that increases huge popularity in the concept of China with WeChat and Meituan. Super apps rule out the need to have many apps by giving different products and services through a single interface.


Grab recently present the app products:


· GrabRides is a ride app service that permits the customer to order taxis and vehicles on-demand.

· GrabMart provides grocery delivery services to its users.

· GrabFood is an on-demand food delivery service that gives users restaurant-standard meals.

· Insurance for transportation and travel is available through GrabInsure.

· Customers can use GrabPay’s digital wallet.

· Drivers and customers can use GrabFinance’s ‘buy now, pay later option.


Grab’s Revenue Model


Grab, an online ride-hailing service app. It is based on a commission and advertising based revenue model. Grab provides different services to customers and it earns money by reducing the fee of the service provided.


Grab provides services in Southeast Asian countries like Singapore, Malaysia, Indonesia, Thailand, and the Philippines. In March 2018, Grab obtain Uber’s functioning in these Southeast Asian countries.


Starting an online food delivery business is a profitable business idea for entrepreneurs. The online delivery market has grown fast. If you decide to invest in the online delivery business then it’s the right time to invest in this business.


Here are some major features of developing an on-demand delivery software to help you succeed.

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