Grab vs. Go-Jek: Inside Asia’s Battle of the 'Super Apps' | Fortune
...In Southeast Asia, the super-app model is evolving more rapidly than anywhere else in the world. That helps explain why Grab has raised $8.6 billion in venture funding from powerful players including Japan’s SoftBank Group and Toyota Motor, Chinese ride-hailing giant Didi Chuxing, and Microsoft. Grab’s most recent funding round values it at more than $14 billion, making Grab Southeast Asia’s most valuable unicorn.
...In a relatively low-income region, Grab provided a platform for cheap taxis and motorcycles to counter Uber’s expensive “black cars.” And while Uber required payment by credit card, Grab created a network of intermediaries to help “unbanked” customers pay cash. (Plus, those durians!)
...Through Grab Financial Services, Grab offers loans to local consumers and entrepreneurs who otherwise have no bank accounts, using their digital-payment histories to help establish creditworthiness.
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