This startup wants to turn your car into a vending machine
Forget your sunscreen on the way to the beach? Your Uber ride could save you a trip to the drugstore. About 1,000 Grab drivers in Singapore will receive Cargo’s boxes starting this week, a service the companies say will eventually expand to other countries in the region. Cargo, a New York-based company founded in 2016, equips ride-hailing drivers with boxes of snacks, drinks and beauty products to offer to passengers. For passengers, using the service is pretty simple: they’ll be able to order products on their phones and add the cost to their fares. For drivers, it’s a chance to earn more cash on the road. Those offering the “Grab&Go” service could improve their passenger satisfaction ratings and earn as much as an extra $190 each month, according to the companies. They’ll make money each time a passenger buys an item or takes a free sample from the Cargo box. Like other ride-hailing companies, Grab is looking for new ways to make money from its tens of millions of customers. The company recently expanded into food delivery and digital payments, encouraging people to use its platform to transfer money to friends and make purchases at restaurants and stores.
equips – supply with the necessary items for a particular purpose
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