Grab partners with Honda
Southeast Asian ride-hailing and on-demand delivery company Grab has announced a strategy partnership and investment deal with Honda. In a statement issued today (12 December), Grab said that the two companies “plan to work together to address Southeast Asia’s toughest urban transportation challenges”.
Ming Maa, President of Grab, said: “We are excited to enhance the GrabBike user experience for our rapidly growing community of GrabBike drivers and riders by partnering with Honda, the largest motorcycle manufacturer in the world, and create a more sustainable and efficient transport supply for Southeast Asia. We welcome Honda as a shareholder and key partner on innovative mobility solutions over the long term as we continue to drive Southeast Asia forward.”
Shinji Aoyama, Operating Officer and Director of Honda, added: “In the midst of the dramatic structural change of the mobility industry, the ‘sharing economy’ that is rapidly expanding all around the world has great potential to broaden the concept of mobility itself. For the collaboration with Grab, we will discuss how we can offer safer and more convenient products and services for our shared goal of resolving issues and challenges facing society in Southeast Asia.”
Grab began as a taxi-hailing app in 2012, but has expanded its core product platform to include private cars and motorbike, and launching new services such as social carpooling, as well as last mile and food deliveries. Grab currently offers services in Singapore, Indonesia, Philippines, Malaysia, Thailand and Vietnam.