Grab forges partnerships to expand payments, F&B businesses in Indonesia

Southeast Asian ride-hailing decacorn Grab has forged two separate partnerships in Indonesia to expand its services in the payments and food & beverages space.

In payments, Grab is partnering UniPin, a payment solutions provider for online games, the company announced on Tuesday. The partnership allows gamers to top up their digital wallets through Grab’s platform from Feb. 1 in Indonesia. Grab users can buy UniPin game vouchers costing Rp10,000-500,000 ($0.72-35.87), to play games like PUBG mobile, Steam, Minecraft, Garena Shells, and many more.

Nine-year-old UniPin is one of the most popular web-based gaming top-up platforms in Indonesia.

“The partnership will provide many gaming options and top-up services, which can be accessed easily by anyone, anywhere,” said Ashadi Ang, UniPin CEO.

Neneng Goenadi, country managing director of Grab Indonesia, revealed that the high demand for digital entertainment, including online games amid COVID-induced movement restrictions has prompted Grab to collaborate with UniPin.

Expanding in cloud kitchens

On Monday, Grab also announced a partnership with Yummy Corp, an Indonesian cloud kitchen service, to expand its F&B service in the archipelago and facilitate F&B merchants to use their combined network of 80 cloud kitchens.

By combining the food delivery service of GrabFood and the food operational management of Yummy Corp, culinary entrepreneurs can access the facilities of both firms to launch virtual restaurants and expand their reach in Indonesia.

“We have seen a significant increase in the total number of merchant partners active on GrabFood. Bringing the culinary business to our platform is the first step,” Goenadi said. F&B merchants from Yummy Corp can tap the GrabFood platform and connect to the ride-hailing company’s customers.

Both companies plan to operate the 80 cloud kitchens in seven cities in Indonesia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.