Food delivery service rides to Grab’s rescue
Pandemic forces Singapore ride-hailing company to cut jobs, but drivers switch to delivering food for homebound customers
13 August 2020 - 16:50
Singapore — In the early weeks of the coronavirus outbreak, Anthony Tan, the CEO of Southeast Asia’s biggest ride-hailing firm, recalls how he mistook the infection to be a China-only problem, similar to severe acute respiratory syndrome (SARS) in 2003.
As Covid-19 turned into a pandemic, sending markets into a tailspin, he sought advice from titans among his investors, including SoftBank’s Masayoshi Son and Microsoft’s Satya Nadella...
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