GrabFood poised to be SE Asia’s food delivery giant following Uber deal

A Grab bike rider is seen during rush hour traffic in Jakarta, Indonesia, July 18, 2016. REUTERS/Iqro Rinaldi

Grab’s acquisition of the Southeast Asian business of rival Uber Technologies, the largest-ever deal of its kind in the region, will not only make the Singapore firm a dominant player in the region’s ride-hailing market but will also make GrabFood one of the biggest food delivery businesses in Southeast Asia.

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