Jerald Singh, Group Head of Product & Design ,Grab - Building a Digital Future for 650 Million People
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Jerald Singh, Group Head of Product & Design ,Grab - Building a Digital Future for 650 Million People
- 1. Building a Digital Future for 650 Million People Jerald Singh Group Head of Product & Design
- 2. Median age of ASEAN 30 Youthful 350mn Source: CIA Factbook (2018), Google (2018) Internet users (more than the entire US population) High Booming population connectivity digital economy Southeast Asia has incredible potential $240bn Size of digital economy by 2025
- 3. It also has its challenges people live below the poverty line. Yet the richest 1% in Thailand and Indonesia control 58% & 50% of those countries’ wealth Income 0.6 Source: ASEAN, Deloitte, CB Insights The average number of doctors per 1,000 people. Millions remain unbanked. Access Outdated inequality inequality infrastructure $26tn How much investment is needed to meet infrastructure needs by 2030 36mn
- 4. 2012 MyTeksi
- 5. 2019 Grab: Southeast Asia’s Everyday Super App
- 6. 336 cities in 8 Countries #1 Consumer Platform in SEA VIETNAM MYANMAR THAILAND MALAYSIA SINGAPORE INDONESIA PHILIPPINES >152 million mobile downloads #1 fintech platform CAMBODIA #1 transportation platform Fastest-growing regional food delivery service
- 7. Southeast Asia > Solving its biggest problems Using tech for good> Our north star
- 8. Tang Jui Hai Chua Siew Tzi Siti Nurmala Mokhtar bin Mohamed Hassan Vincent Quek, Nicholas Cho
- 9. Enabling more than 9 million micro-entrepreneurs
- 10. Grab’s contribution to the Indonesian economy in 2018 US$3.4bn Economic 38% of GrabBike drivers and 33% of GrabCar drivers had no income prior to joining Grab New Increased contribution employment productivity 113% Increase in GrabBike drivers’ average income
- 11. Making everyday life better for the communities that we serve
- 12. 1. Being relentlessly hyperlocal
- 15. Product/market fit Solving local problems
- 16. Going offline to bring people online
- 17. 2. Develop talent at home
- 18. Seattle Ho Chi Minh City Singapore Beijing Bangalore Jakarta 7 R&D centers 2,000 engineers and data scientists
- 19. 3. Partnering to make the biggest difference in the shortest time
- 20. We work closely with governments
- 21. GrabPlatform: Growing the ecosystem, together Grab Platform GrabPlatform Help our partners scale their businesses across SEA We create more income opportunities for micro-entrepreneurs We grow faster and more efficiently, and give users more reason to spend time with us We deliver more relevant, valuable services to our users
- 22. Making everyday life better for the communities that we serve
- 23. Join us on our mission to improve the lives of 650 million people
- 24. The Super App for Southeast Asia’s Everyday Needs Jerald Singh, Group Head of Product & Design, Grab Thank you!