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GrabPay sets sights on Cambodia and Myanmar

Singapore-based app provider intends to grow along with ASEAN economies

Grab sees such a big opportunity in the 10-member Association of Southeast Asian Nations that it does not plan to expand its payments business outside the bloc. (Photo by Kentaro Iwamoto)

SINGAPORE -- Southeast Asia's largest ride-hailing group plans to take its mobile payments service into Cambodia and Myanmar as it expands its range of businesses throughout ASEAN countries, according to a senior executive.

Reuben Lai, senior managing director of the Singapore-based company's financial arm, identified the two countries as next on the list. Grab's ride-hailing app is already available in these markets, as well as six other ASEAN countries.

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