Can Grab’s Everrise Takeover Propel GXBank’s Growth in East Malaysia?

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Fintech News Malaysia 1d ago

Can Grab’s Everrise Takeover Propel GXBank’s Growth in East Malaysia? - Fintech News Malaysia

Quick Summary:

Grab Holdings, arguably Southeast Asia’s largest ride-hailing and food delivery company, has expanded its grocery presence with the acquisition of Everrise supermarkets in Sarawak.

This follows its earlier purchase of Jaya Grocer in 2022, reinforcing its commitment to the retail sector. While the primary goal of the Everrise deal is to enhance operations and introduce [...]

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