The group Grab Holdings, based at Singaporeannounced the acquisition of Infermove, a Chinese company specializing in robotic solutions based on artificial intelligence. The operation aims to improve the first and last mile delivery capabilities of the Southeast Asian tech giant.
According to Grab, this acquisition is part of its strategy to bridge the gap between the online and offline worlds, focusing on more efficient and intelligent technologies. The group explains that it sees Infermove as an opportunity to develop and adapt these robotic solutions in Singapore, in order to complement its existing logistics services.
The company, listed on the NasdaqThe company stated that its teams will study how Infermove's autonomous robots could improve the experience for both customers and business partners. No financial details regarding the transaction have been disclosed at this time.
