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- The acquisition enables Grab to bring more Jaya Grocer retail stores onto its marketplace, while also leveraging Jaya Grocer’s large supplier network to further expand its GrabSupermarket product line at lower costs. This in turn contributes to improved unit economics and overall affordability of grocery delivery.
www.grab.com/my/press/others/grab-jaya-grocer/Grab Completes Acquisition of Stake in Jaya Grocer | Grab MY
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Jan 31, 2022 · Petaling Jaya, 31 January 2022 – Grab Holdings Limited (“Grab”) (NASDAQ: Grab), Southeast Asia’s leading superapp, today announced that it has completed its acquisition of a majority stake in Jaya Grocer Holdings Sdn Bhd (“Jaya Grocer”), a leading mass-premium supermarket chain in Malaysia.
- Grab Completes Acquisition of Stake in Jaya Grocer
Grab, Southeast Asia’s leading superapp, has completed its...
- Grab Completes Acquisition of Stake in Jaya Grocer
Dec 14, 2021 · KUALA LUMPUR: Southeast Asia’s largest ride-hailing company Grab is buying Jaya Grocer Holdings Sdn Bhd, a leader in the premium grocery segment in Malaysia, for an undisclosed amount.
- NST Business
Jan 20, 2022 · Less than two weeks later, on December 13, it announced its maiden purchase after going public – a physical asset by way of Malaysian grocery chain Jaya Grocer. Industry insiders who spoke to ...
Jan 31, 2022 · Grab, Southeast Asia’s leading superapp, has completed its acquisition of a majority stake in Jaya Grocer, a leading mass-premium supermarket chain in Malaysia. The two companies plan to work together to bring the convenience of on-demand grocery delivery to more consumers in Malaysia.
Dec 14, 2021 · KUALA LUMPUR (Dec 14): Grab Holdings Ltd (Grab), Southeast Asia’s biggest ride-hailing and delivery firm, is buying over premium supermarket chain Jaya Grocer in a deal said to be worth up to RM1.8 billion, as part of its expansion into the grocery segment.
Dec 14, 2021 · KUALA LUMPUR (BLOOMBERG) - Grab Holdings, a unit of South-east Asia's largest ride-hailing and delivery group, is buying Malaysia's top premium grocery chain Jaya Grocer Holdings, according to...
The Singapore-based Grab signed an agreement with the shareholders of Jaya Grocer to buy all of the grocery chain’s ordinary shares and 75% preference shares for an undisclosed amount.
