Southeast Asia's Grab plans deeper push into food services
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SINGAPORE (Reuters) - Southeast Asian ride-hailing firm Grab is setting up more kitchen facilities for merchants and adding new services such as procurement and analytics in a bid to push deeper into the fast-growing food delivery business.Grab, the region's most valuable startup, has earmarked food delivery as a major pillar for growth as it expands beyond its taxi-hailing roots into other areas, including financial services.It is banking on the relatively low penetration of existing food..