$Grab Holdings(GRAB)$ Adapting

Adapting to local markets!

Uber Foods Exits India.

How many times have we heard this statement from in market teams. How many times has the same been ignored by the global and regional teams. While I am sure both sides have their reasons. Not adapting to local market needs will mean only one thing. Perish. Uber has been a poster child for this. The came into Asia in a big way. While the concept was understood and people were willing to adapt. The companies did not adapt. The result: Companies like Grab, Gojek, Zomato have all eaten their lunch!

In the XaaS space. The barriers of entry are lower, global monoliths that don't adapt to local market conditions will see a clone with market savvy take them out. Its is not only in B2B the same exists in B2C.

Grab is doing well in adapting to local market.

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Comments

Yea910
2022-08-11
Yea910
Great article! I would like to share it.
ed62
2022-08-08
ed62
good to know thanks
Summer 炎夏
2022-08-09
Summer 炎夏
[Like]
Eminem2
2022-08-08
Eminem2
👍👍👍👌
KAYYY
2022-08-08
KAYYY
Good
DennisMe
2022-08-08
DennisMe
Great

Leave a comment

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Uber Foods Exits India.How many times have we heard this statement from in market teams. How many times has the same been ignored by the global and regional teams. While I am sure both sides have their reasons. Not adapting to local market needs will mean only one thing. Perish. Uber has been a poster child for this. The came into Asia in a big way. While the concept was understood and people were willing to adapt. The companies did not adapt. The result: Companies like Grab, Gojek, Zomato have all eaten their lunch!In the XaaS space. The barriers of entry are lower, global monoliths that don't adapt to local market conditions will see a clone with market savvy take them out. Its is not only in B2B the same exists in B2C. 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The barriers of entry are lower, global monoliths that don't adapt to local market conditions will see a clone with market savvy take them out. Its is not only in B2B the same exists in B2C. Grab is doing well in adapting to local market.<img src=\"https://community-static.tradeup.com/news/71e338bc4303b10ad4e0b84af9c980a8\" tg-width=\"1170\" tg-height=\"2292\"></body></html>","text":"$Grab Holdings(GRAB)$ Adapting to local markets! Uber Foods Exits India. How many times have we heard this statement from in market teams. How many times has the same been ignored by the global and regional teams. While I am sure both sides have their reasons. Not adapting to local market needs will mean only one thing. Perish. Uber has been a poster child for this. The came into Asia in a big way. While the concept was understood and people were willing to adapt. The companies did not adapt. The result: Companies like Grab, Gojek, Zomato have all eaten their lunch! In the XaaS space. 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