Grab Acquires Chope, Targets Premium Reservations for Big Spenders

Jul 23, 2024, 12:56 AM

Grab has acquired the restaurant reservation platform Chope for an undisclosed sum. This acquisition will allow Grab to take over Chope's operations in Singapore, Indonesia, and Thailand. The move is part of Grab's strategy to expand its services in the face of increasing competition over users. The acquisition also marks Grab's entry into the restaurant booking business, enhancing its offerings in the food and beverage sector. Restaurants are increasingly embracing premium reservations to target big spenders.