Food crisis may cook up long-tail risks on Grab deliveries: Maybank

Food prices went up 19% since the start of 2022.

With the rising food prices along with food and agricultural crises in the Southeast Asia region, Grab delivery services could see incremental risks to demand, analyst, Maybank Research said.

In its report, Maybank said the food prices in Southeast Asia went up 19% since the year began. There were also food and agricultural woes on the back of disruption of fertiliser supply, Maybank said.

“As delivery services are discretionary consumption, we believe this may be more impacted by rising prices of food items,” read the report.

On the lighter side, Maybank said reopening of borders will be a key driver of gross merchandise value and revenue recovery for Grab.

Meanwhile, resumption of GrabShare will also “soften fuel inflation concerns” and raise profitability despite commission rates increase and discounts were tapered.

Follow the link for more news on

Grab

food delivery

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia