Grab expands its grip with Chope reservation platform acquisition

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Grab has just grown even larger now after buying Chope, a restaurant reservation platform...

SINGAPORE: Grab, the largest ride-hailing and food delivery firm in Southeast Asia, has grown even larger now after buying Chope, a restaurant reservation platform.cited an internal email regarding the sale, with both companies confirming it the following day.

The name, of course, was inspired by a term familiar to Singaporeans, “chope,” which is widely used to reserve a place to eat, using any number of things, but commonly a packet of tissue.“Having seated more than 110 million diners, Chope understands what excites people about dining out and how best to maximise business for over 8,000 restaurants.

In the statement on the acquisition of Chope, Grab indicated that it is concentrating on helping to level the playing field for small and medium-sized businesses.As for Chope, its founder, Arrif Ziaudeenjas, said that the company decided to find a partner that would help it seek new opportunities for sustainable growth in a market that’s both competitive and challenging.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Grab-Trans-cab acquisition could reduce competition, says CCCSpstrongThe acquisition comes amidst a driver shortage affecting competitors, the watchdog said./strong/p pGrab Holdings Limited's proposed acquisition of Trans-cab Holdings Ltd.
Source: SBRMagazine - 🏆 13. / 51 Read more »