Grab, the app that allows airport travelers to skip restaurant lines and get their order on the go, has attracted “significant investment” from Collinson, a global loyalty and benefits firm. Grab declined to reveal the amount of the investment or the percentage stake that Collinson has taken.
Collinson and Grab will work together to create new services for travelers and commercial opportunities for airport restaurants and retailers. Collinson will also support the acceleration of Grab’s roll out to expand to new markets globally. In addition to its financial investment, Collinson will take a seat on Grab’s board.
