Tran Thanh Hai, CEO of the ride-hailing service Be, has stepped down after two years at the head of the service, which he joined in the beginning days.

Ride-hailing firms Grab and GoViet, a subsidiary of Indonesia's Gojek, have taken turns to announce plans to pump additional funding into expanding their services in Vietnam to win more riders in this fast growing market.

In case GrabFood continues to charge 20-25 per cent commission for local vendors, it may lose ground to Go-Viet and Now.

To get ahead in the competition with Grab, Go-Viet needs a strategy other than “burning money” to increase its market share, especially as they are running on a tighter budget than Grab.

 

VietNamNet Bridge - GrabFood, Go-Food and Now are in a battle in the food delivery market. The food delivery market has been remapped since the beginning of 2019.