|COVID–19 NEWS||COVID: Malaysia records increase in new cases, fatalities - Dr Noor Hisham | New COVID-19 cases drop 5.2 pct last week - Health Dg | Witness still COVID-19 positive, Ahmad Zahid's corruption trial postponed | Japan's daily COVID cases top 180,000, set fresh record amid 7th wave | Canada approves first coronavirus vaccine for 6-month to 5-year-olds ||
KUALA LUMPUR, June 8 (Bernama) -- Southeast Asia’s leading super-app Grab Holdings Ltd has launched a new enterprise service, GrabMaps, that is able to tap into the US$1 billion (US$1=RM4.39) per year market opportunity in Southeast Asia for mapping and location-based services.
Co-founder Tan Hooi Ling said commercialising the technology is a significant step forward for the company’s fledgling but rapidly expanding enterprise and new initiatives division.
“This new technology provides location-based intelligence and services to all Grab verticals in seven out of the eight countries it operates in and Grab expects to be fully self-sufficient with GrabMaps by the third quarter of 2022.
“GrabMaps today powers more than 800 billion API (application programming interface) calls per month across a variety of Grab services,” she said at the virtual GrabMaps Media Launch today.
She said GrabMaps, as a business-to-business solution, would offer a few services like base data map, map-making tools and software-as-a-service and APIs and mobile software development kits (SDKs).
“GrabMaps’ main benefit is founded on community-based mapping principles that take advantage of Grab’s customers, retailers and fleet of drivers and delivery partners.
“GrabMaps has a competitive advantage in terms of accuracy, coverage and freshness while remaining extremely cost-effective,” she said.
She added that Grab had collected 33 million points of interest (POIs) and other rich data like street imagery, street names and traffic signs and would add 5 million more by end of 2022.
Bernama is the trusted source of reliable real-time comprehensive and accurate news for both the public and media practitioners. Our news is published at www.bernama.com ; BERNAMA TV on: Astro Channel 502, unifi TV Channel 631, MYTV Channel 121 IFLIX; and Bernama Radio broadcasting locally on FM93.9 in Klang Valley, Johor (FM107.5), Kota Kinabalu (FM107.9) and Kuching (FM100.9).
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial