Grab Inks Payments Deal With Vietnam’s Moca Technology And Service

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Grab, a Southeast Asian ridehailing company, announced Tuesday (Sept. 11) that it has inked a partnership with Vietnam’s Moca Technology and Service company.

According to a report in Reuters, the deal furthers Grab’s push into digital payments and financial services. “This is a great step forward; I think the Moca team is great, their technology and solutions are great, and, together with the combined expertise of our Grab team, we can truly move Vietnam toward a cashless economy,” Grab co-founder Tan Hooi Ling told reporters a press conference on Tuesday.

According to the report, Grab is the leading ride-hailing payer in Vietnam, pushing out Uber via a deal earlier this year. The companies didn’t provide more details about

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