Grab turns to dine-in services to stem fall in food delivery growth

More: How AI will change Singaporeans' eating habits and dining experiences by 2040. [Read from your browser]( Daily Newsletter --------------------------------------------------------------- Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](. --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - [Whether Grab's dine-in services can make up for lost ground in food delivery]( - How Livspace and Singapore Land Authority have denied claims of improper contract awarding - The US$47.7 million that Indonesia-based eFishery netted for its series D round - Other newsy highlights such as a Deliveroo report forecasting how AI will change Singaporeans' eating habits and dining experiences by 2040 --------------------------------------------------------------- Hello {NAME} There’s often more than one path we can take to reach the same endpoint. The universe, after all, has a mischievous sense of humor. For instance, I’m wired to mapping platforms to reach a particular destination. Consequently, I get lost in my own hometown when I don’t have access to these apps. But others like my father, hardened by the inconveniences of the pre-smartphone era, can navigate the streets as if the map were on the back of their hands. Similarly, there are many different ways to enter an industry. For example, India-based unicorn Swiggy jumped straight into food delivery while its rival Zomato started out as a portal offering restaurant listings and recommendations. Likewise, Grab was a ride-hailing firm before it launched services like food delivery. But in its most recent quarter, its food delivery gross merchandise value showed signs of waning as more people reverted to dining out as the Covid-19 pandemic died down. As a result, Grab has introduced a slew of new dine-in features in its bid to provide users the quintessential “end-to-end” experience. Today’s featured piece assesses whether Grab’s latest venture could boost revenue meaningfully and cushion the persistent decline in its food delivery volumes. -- Shravanth P.S.: If you’re an entrepreneur looking for funding, [fill out this form]( to get your company featured on our list of fundraising startups.  ---------------------------------------------------------------  THE BIG STORY [Can Grab’s dine-in services reverse a fall in food delivery growth?]( It joins food delivery platforms including Foodpanda, Swiggy, and Zomato which have moved into the adjacent category in recent years. --------------------------------------------------------------- TRENDING NEWS [Livspace, Singapore Land Authority deny claims of improper contract awarding]( The SLA is overseen by Singapore’s Law Ministry, which is headed by K Shanmugam, the father of Livspace’s Southeast Asia CEO Ravi Shanmugam. [EFishery nets another $47.7m in its series D]( The new fundraise values the founders’ shares at over US$200 million combined, according to regulatory filings from VentureCap Insights. [Grab Indonesia president steps down, appointed commissioner]( Ridzki Kramadibrata had been with the company for nearly eight years. [Singaporeans to embrace AI-enhanced, immersive dining by 2040: report]( Deliveroo, which published the report, also sees a future where food delivery firms will use augmented imagery, audio, and packaging. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Climate tech feels bite of funding winter]( Venture capital investment in climate tech firms is down by US$10 billion, though data for the third quarter of this year will tell the full story. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [Tech in Asia’s Founders Meetup: Thailand on July 26]( Want to be where Thailand’s founders converge? Join us at our networking event, which will be held on July 26 at theCOMMONS, Thonglor, 335/1 Sukhumvit 55 Klongton Nua, Wattana, Bangkok 10110 from 5:30 p.m. to 7:30 p.m. - [SYNC 2023: Climate Tech on August 21]( Do you want to make a positive impact on the fight against climate change? Join SYNC 2023 on August 21 at Singapore's green haven, Gardens by the Bay, to learn more about sustainable innovation and eco-friendly practices. Besides spotlighting climate tech via this invite-only event, Tech in Asia is committed to reducing our carbon footprint. Be part of this movement towards a sustainable future - send in your application for a SYNC 2023 ticket today! ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [(Senior) .NET Developer]( at Selarastech Jakarta, Indonesia - [IT Sales manager - Remote]( at Tomoru Jakarta, Indonesia - [Dealer Consultant Manager (Balaradja)]( at Moladin Digital Indonesia Tangerang, Indonesia - [Senior Backend Developer / Solution Architect]( at AiChat Jakarta, Indonesia - [Dealer Consultant Manager (Tangerang Selatan)]( at Moladin Digital Indonesia Tangerang, Indonesia - [Graphic Designer]( at Dbrandcom Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Tech in Asia thanks our partners for supporting our newsletters. Sponsorship has no influence on editorial content. Too many emails? Switch to a different frequency or get new content through our [preference center]( or [unsubscribe](. You can also break our hearts and remove yourself from all Tech in Asia emails over [here](  ---------------------------------------------------------------  Copyright © 2023 Tech in Asia, All rights reserved. 63 Robinson Road, Singapore 068894