Grab acquires restaurant reservation platform Chope

Ride-hailing company Grab has acquired restaurant reservation platform Chope, both companies said on July 22.

- Sue-Ann Tan

A Grab spokeswoman said its focus is to help level the playing field for small and medium-sized businesses, which form the vast majority of merchants on its platform, and do not have the same resources that big food-and-beverage brands have.

Grab wants to empower these merchants to grow and manage their businesses more efficiently, she said.

“We believe the addition of Chope’s products and services provides more synergies for our merchant-partners, especially in helping them capture online-to-offline opportunities.”

When asked how much the acquisition cost and what the partnership would be like, Grab said it could not share more information.

According to an internal e-mail seen by The Business Times, Grab will take over Chope’s operations in Singapore, Indonesia and Thailand.