In Feb 2017, Grab introduced GrabShare, a ride-sharing service promising up to 30% in savings.
In May 2017, this was followed by GrabCoach, perfect for large groups.
End-August saw the upgrade of GrabPay, with users now able to transfer credits to another user as ‘gifts’, and by the end of year, use these credits to shop and dine.
And for their efforts, the company has now been awarded Singapore’s ‘Digital Disruptor of the Year’.
Organised by international data analytics company IDC Asia Pacific, this award is part of its inaugural Digital Transformation Awards (DX Awards).
Faster, Safer And More Convenient
These services tackle “congestion, pollution and mobility challenges”, help people go cashless, as well as reduce vehicles on the road.
The DX Awards “recognise outstanding organisations that have made critical transformations to the market through digital technologies,” said Daniel Joe Jimenez, Research Director for Digital Transformation Practice, IDC Asia/Pacific.
Grab is solving the “transport and payment needs of a growing city” through digital transformation (DX).
This will enable Singapore to “stay competitive in the global market” as it strives towards being the first ever Smart Nation.
“We are delighted that IDC has recognised our efforts in using disruptive technologies to solve real local challenges,” says Jerald Singh, Head of Product at Grab, promising that the company will continue striving towards further innovation.
Grab has come a long way since its founding in 2012 as MyTeksi.
Today, the app has over 60 million downloads and transacts over 3 million rides daily.
When we started in 2012, not everyone wanted to work with us. Most people could not see how this new kid on the block could be a partner instead of a competitor.
–Anthony Tan in his Letter to Friends.
Today, he still welcomes people to go “crazy” because “Grab is a place for crazy people” who believe they can improve lives.
Featured Image Credit: Business Insider