Grab bets on Vietnam, Malaysia in bid for super app status

Unicorn aims to expand reach beyond Singapore and Indonesia with startup investments

20190730 grab ventures

Chris Yeo, head of Grab Ventures, says the ride-hailing company looks to give back to the startup community in Southeast Asia. (Photo by Kentaro Iwamoto)

KENTARO IWAMOTO, Nikkei staff writer

SINGAPORE -- Leading Southeast Asian ride-hailing operator Grab is investing heavily in smaller regional startups as the SoftBank Group-backed unicorn strives to expand the reach of its all-in-one app.

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