GrabTaxi Gets Boost From Softbank to Fend Off Uber

GrabTaxi Gets Boost From Softbank to Fend Off Uber

Assessment

Interactive Video

Business

University

Hard

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The video discusses the entrepreneurial journey of Grab Taxi, founded by Anthony Tan after a Harvard business plan contest. It highlights the company's growth from initial funding to a substantial investment from Softbank, led by Masayoshi Son. The video explores Grab Taxi's competition with Uber, its market strategy in Southeast Asia, and its focus on safety and infrastructure. It also covers the company's user base expansion and the impact of technical glitches on its operations.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial funding amount that Grab Taxi received from the Harvard Business School contest?

12,000 U.S. dollars

10,000 U.S. dollars

15,000 U.S. dollars

20,000 U.S. dollars

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary competitor that Grab Taxi aims to challenge in Southeast Asia?

Ola

Didi Chuxing

Lyft

Traditional taxi hailing

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the major investor in Grab Taxi mentioned in the transcript?

Jeff Bezos

Elon Musk

Masayoshi Son

Warren Buffet

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many cities across Southeast Asia is Grab Taxi operating in, according to the transcript?

20 cities

17 cities

15 cities

10 cities

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of Grab Taxi's infrastructure in Southeast Asia?

It provides free rides to users

It ensures safety and prevents taxi meter fraud

It offers luxury car services

It reduces traffic congestion