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fortivacreditcard “As the number of transactions on our platform increased, order density also increased, and so the probability of grouping more orders together in one trip improved, which allowed us to further reduce our average delivery cost per order,” said Meituan in its quarterly results announcement in August 2019. Grab and Gojek need to sort out … Read more
A ripe market for Grab and Gojek to achieve their super app dream. But who would be the first to conquer the region? Especially given that unlike Meituan, which had to build for a single, homogenous market, Grab and Gojek are staring at a 650 million-strong fragmented region. GRAB SPOKESPERSON Gojek hasn’t fared too well … Read more
“With the rapid development of China’s digital economy, the leaders in the internet business will one day venture beyond the country to bring their services to other parts of the world. Same goes for Meituan, which will combine its services with other local players to lead the e-commerce industry,” Wang said. Home to 650 million … Read more
Rule #1 of working from home? Staying home. Ride-hailing, therefore, hit quite the speed bump. When it comes to ride-hailing or food delivery, nobody has the regional scale of Singapore-headquartered Grab, which grossed 50 million downloads last year according to Apptopia. It’s present in eight countries in Southeast Asia. Top 5 takeaways from Covid-time App … Read more
Forget the newcomers, Facebook—the world’s dominant social network founded in 2004—clocked more app downloads in Southeast Asia than any other publisher in 2020. That’s squarely down to its family of social apps. Its Facebook, Facebook Lite, WhatsApp, Messenger and Instagram services feature in the year’s top 10 downloaded apps. Those apps—alongside 25th placed Messenger Lite—have … Read more
TikTok was downloaded over 38 million times between March and May 2020. That’s more than any other app and over double the 18 million downloads that Instagram, a close rival, landed. Unlike India, where Chinese companies dominate the app ecosystem, TikTok and Alibaba-owned shopping app Lazada are the only prominent Chinese apps to make Southeast … Read more
“So what we did was set KPIs (key performance indicators) for each other for bigger productivity,” says Rollan. “We designed the business in a way that our partners still make money.” That’s a margin Growsari can eventually take in if it decides to build its own assets. “We’re studying if it makes sense to do … Read more
the platform has a ticket system for flagging problems and directing them to whoever has to address it. The app also notifies store owners about the progress of their deliveries to avoid any waiting time or cancellation. There’s a call centre for addressing customer concerns. If it sounds tedious, it’s because it is. It wasn’t … Read more
More than the funding, the retailer provided Growsari with an existing infrastructure it could leverage on. Robinsons owns 1,918 retail stores across the Philippines, of which 258 are supermarkets. Ten of these supermarkets act as Growsari’s inventory and fulfilment hubs; each hub serves at least five cities. Apart from these 10, Growsari has two more … Read more
Often smaller than a one-car garage, sari-sari stores accounted for 37% of FMCG sales in the Philippines as of 2019. They sell all kinds of staples—from instant noodles and soft drinks to soap and cigarettes. Growsari pools together stores’ orders—across the assortment of multiple FMCGs—to come up with significantly larger order volumes. As a result, … Read more