Global News and Digital Insights
for the Consumer Goods Industry

Singapore-based food delivery firm, Grab, acquired Malaysian grocery chain

ConsumerGeniuses

ConsumerGeniuses

Singapore-based food delivery firm, Grab Holding Ltd, has acquired Jaya Grocer Holdings, a Malaysian grocery chain. Grab is Southeast Asia’s largest ride-hailing company which operates in more than 400 cities within eight countries of Southeast Asia. These countries include Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. A subsidiary of Grab has planned to acquire the ordinary shares of Jaya Grocers along with 75% of its preferred shares.

Read more from Esmmagazine

Facebook
Twitter
LinkedIn