RIDE-HAILING giant Grab on Monday said its senior leaders, including the co-founders, will take a pay cut of up to 20 per cent amid the coronavirus pandemic. Read more at The Business Times.
The other new initiative comprises"a variety of merchant relief measures" to help GrabFood merchants with their business during the coronavirus period. Grab will also self-fund, as well as partner with third parties to fund, GrabFood marketing programmes for selected merchants to help them reach more customers and generate additional sales.
This is meant to create additional earning opportunities for the Grab drivers, the company said in its statement on Monday. Currently available in Indonesia, Malaysia, Singapore, Vietnam and Thailand, GrabMart will expand to areas including Philippines, Myanmar and Cambodia.
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