Singapore – Grab has recently announced the opening of its first physical merchant centre in Singapore in order to support local SMEs in their digital growth, as well as offering them a physical space for networking.
The Grab Merchant Centre, located in Grab’s one-north headquarters, is a one-stop shop for small and medium businesses (SMBs) looking to accelerate their growth in the digital economy through Grab’s services.
This is the first-of-its-kind merchant centre among industry players in Singapore, and the first for Grab in Southeast Asia.
Said centre first started as a merchant registration counter in April 2020 to help SMBs sign up and activate their Grab accounts during the pandemic. Today, it has evolved into a one-stop shop providing advisory services and solutions for SMBs.
Wee Tang Yee, country head of Grab Singapore, said, “Based on our latest Food and Grocery Trend Report released today, we know that consumers are increasingly reliant on platforms like Grab. This means that there are more opportunities for businesses to engage with them on our app.”
He added, “The Grab Merchant Centre is meant to help SMBs quickly and effectively tap into this growing opportunity through our tailored solutions. Having a permanent space for the SMB community enables us to serve them more efficiently, and gives them the confidence that Grab is there to support them whenever they need.”
Yee also explained, “The Grab Merchant Centre is also a place for SMBs to keep pace with the latest digital tools and practices. That way, they can confidently navigate and grow their businesses using our suite of self-serve digital tools in the GrabMerchant app. These include reading sales performance trends and insights to improve operations, advertising solutions to reach more customers and boost sales, digital lending products to support their business expansion, and more. We will continue to develop new products to provide more comprehensive support for businesses, and help them capture a bigger slice of the market.”
