Thailand’s First Domestic Mega App Will Be Developed By Google And Robinhood

  • A super app is essentially a consolidated app that contains all of a user’s demands. Ride-hailing services, food delivery, payment wallets, flight and hotel bookings, groceries, and many other services are included. 
  • Robinhood was founded to alleviate the financial challenges suffered by local food and beverage operators during the pandemic’s peak and promote the local tourism sector’s economic recovery by adopting a zero-commission policy to provide small businesses and riders a larger portion of earnings.
  • Food and transportation, e-commerce, online travel, and digital financial services are the primary growth areas in a resurgent internet economy that is anticipated to be valued at US$57 billion by 2025, according to April Srivikorn, Country Manager, Google Cloud, Thailand.

For certain businesses, the super app is swiftly becoming the app of the future. To meet the growing need of their clients, numerous prominent enterprises in Southeast Asia have already built their own versions of a super app.

Thailand’s Local Mega App Has A Fresh Lease On Life

A super app is essentially a consolidated app that contains all of a user’s demands. Ride-hailing services, food delivery, payment wallets, flight and hotel bookings, groceries, and many other services are included. In Southeast Asia, there are already over a dozen super apps, each with its own distinct offering in addition to combining the app’s other services. Super applications are also available for users in Thailand. There is, however, no native super app. The most popular super applications in the country are from

Super applications are also available for users in Thailand. There is, however, no native super app. The current great applications available in the country are developed by companies with a substantial presence in the country. Food and transportation, e-commerce, online travel, and digital financial services are the primary growth areas in a resurgent internet economy that is anticipated to be valued at US $57 billion by 2025, according to April Srivikorn, Country Manager, Google Cloud, Thailand.

Mission Of Creating A Homegrown Super App

As a result, Robinhood, Bangkok-based food delivery and all-in-one travel service platform owned by SCBX Group, Purple Ventures Co., Ltd., has announced a multi-year strategic alliance with Google Cloud and MFEC Public Company Limited (MFEC) to further its mission of creating a homegrown super app that provides inclusive growth opportunities to small business owners, delivery riders, and diverse users in metro and non-metro areas. Since late last year, Robinhood has been planning for this.

Robinhood was founded to alleviate the financial challenges suffered by local food and beverage operators during the pandemic’s peak and promote the local tourism sector’s economic recovery by adopting a zero-commission policy to provide small businesses and riders a larger portion of earnings. The three companies will work together to improve Robinhood’s innovation culture, update its IT infrastructure, improve user experiences through data-driven insight, and co-create new digital services.

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Source: https://www.thecoinrepublic.com/2022/06/15/thailands-first-domestic-mega-app-will-be-developed-by-google-and-robinhood/