Grabbing the same-day grocery delivery market

By INTAN FARHANA ZAINUL

Jaya Grocer

GRAB Holdings Ltd and Jaya Grocer Holdings Bhd took the market by surprise with their merger and acquisition deal this week.

On Tuesday, Grab, the largest ride-hailing and food delivery firm in South-East Asia, made an announcement with the US Securities and Exchange Commission (SEC) on its plan to buy grocery chain Jaya Grocer Holdings Sdn Bhd.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Subscribe

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Subscribe

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only

Subscribe
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Jaya Grocer , Grab , online , shopping , market ,

   

Report it to us.

Next In Business News
Surplus will remain the buzzword for oil markets in 2025 despite OPEC+ move
BOJ debated need for caution in raising rates, Oct minutes show
Tuju Setia jumps 18% on RM389mil construction contract
Amicorp Group denies alleged fraud of over US$7bil in 1MDB scandal
FBM KLCI up in early trade, tracking Wall Street gains
Ringgit edges higher against US dollar despite stronger dxy
Trading ideas: Capital A, Tuju Setia, TNB, Coastal Contracts, DNeX, Powerwell, TM, MFM
Wall Street ends higher on gains by most megacaps
Hedge funds cut exposure to nuclear power stocks
Honda-Nissan merger driven by China threat

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.