- Grab has been in Myanmar, particularly Yangon, for almost 5 months. The launch was in March.
Today announced that it is committing US$100 million over the next three years to deepen the company’s presence in Myanmar. The company intends to invest in expanding its ride-hailing services to more cities across the country, rolling out other products from the Grab suite, including GrabPay, and building a team of up to 200 leading local talents to manage these expansion efforts.
2. Currently, more than 6,000 drivers are screened and licensed across the city with
over 25,000 bookings every single day!
Grab claims the LARGEST licensed taxi network in the industry. In the coming months, Grab plans to strengthen its presence in Yangon and work with local governments to launch ride-hailing services in other cities in Myanmar. Grab will also expand its 24/7 call center capabilities to ensure that drivers and riders in Myanmar can rely on timely and effective support throughout their Grab experience.
3. Corporates will soon be able to partner with Grab.
Grab will also explore opportunities in the corporate travel segment. In response to keen interest from corporates since launching in Yangon, Grab has recently started offering its corporate solution, Grab for Work. Over 8,000 corporations in the region already use Grab for Work to manage employees’ local and regional transport expenses digitally and seamlessly.
4. In-app cashless payment for local passengers is coming soon.
Grab also plans to make GrabPay, its in-app cashless payment feature, available to local passengers in the months ahead, moving more people in Myanmar into the digital economy and driving the adoption of mobile payment across the country. Grab’s driver-partners have already started accepting cashless payment via GrabPay from international travelers