GrabBike services are halted in Hanoi from April 2 to 15 in an effort to help curb the ravaging COVID-19 pandemic.
As more online restaurants come to the fore, the opening of Vietnam’s first cloud kitchen is expected to completely transform how restaurants are both operated and managed.
Ride-hailing firm Grab is set to invest “several hundred million dollars” in Vietnam where the company sees its next major growth market.
SEA and Grab from Singapore, Woowa Brothers from the Republic of Korea and Go-Jek from Indonesia are fighting for market share.
VOV.VN -The Administration for Food Safety and Hygiene have carried out activities alongside GrabFood in response to World Food Safety Day, the first time that the country has marked such an event.
GrabFood, Go-Food and Now are in a battle in the food delivery market. The food delivery market has been remapped since the beginning of 2019. While newcomers have been thriving, some veteran players seem have seen unsatisfactory business performance.
In the fierce competition in the online food ordering market, worth $33 million as estimated by Euromonitor, players need to have good technology but also many delivery people to win.
Launching the GrabFood service in Danang just one month after its latest expansion to Hanoi was GrabFood’s next stop on the journey to bring more local merchant-partners online and satisfy food cravings.
Analysts believe that food is now the most cutthroat segment in O2O (online to offline) business with big players such as GrabFood, Now and Lala.
Aber, the second Vietnamese ride-hailing service, launched its Hanoi operations on October 19, four months after making its Ho Chi Minh City debut.
The launch of the GrabFood on-demand food delivery service not only marks an important milestone in Grab’s journey towards becoming the leading everyday superapp that offers Vietnamese and Southeast Asian consumers the most essential daily services, but also reaffirms its commitment for long-term investment in Vietnam market as a technology company.
The Vietnamese online food ordering market worth US$33 million is controlled mostly by foreign players.