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and knowing that you when you travel from 1 place to another place

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you still need the space

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on the flat surface

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so what happens

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while we are able to pack more and more people in a single building

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and if all the people here in that particular building want to drive

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you're going to have a big problem with the parking space

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on average

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there's only 2 and a half parking space for 1,000 square ft of Office Space

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or even 1,000 office square feet office space you can easily put 2030 people

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imagine if you have to put

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you know everyone drive to work or drive home

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you you going to have half of your floor half of your buildings

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nothing but parking space

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and what what you know and we show it's almost statistics

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that um

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that probably will not Shock you but for those of you

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who have bought the car will know

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the first thing you feel like buying a car no you go on test drive you do a lot of research

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to talk to your friend you talk to your family and then when you got the first car that comes in front of you

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the the comfort that you get from that car wow there's a wow feeling

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but what happens after 1 month

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95% of the time your car seats in the parking lot

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95% of the

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time

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um

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of the cars that you see on the road are actually circulating around

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looking for parking the car say on the street

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most of them are just circling around trying to look for parking

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and 12% of the bank of traffic actually caused by the traffic

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well some of this number is actually the number as you if you assume that you depreciate your car for

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5 to 10 years

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this amount of

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cost

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people in Bangkok on annual basis

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so what's in it for you when you buy a car is it for convenience is it for status

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just where grab comes in

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East right shed

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1 less car on the road as simple as that

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can you able to share your call

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you need 1 less car

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I was I would rights have shown that on average

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each of our grab right

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2 and a half passengers

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many cars on the street today you see have 1 driver

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with no passenger

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All rights typically have 2 and a half passenger

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carbon footprint last year we reduced

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carbon footprint by 4 million kilograms

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this is equal to 5,000 house

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turn on the light for 1 year

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this amount of carbon dioxide

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they be

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yeah

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all drivers are also tra well trained we are very

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our accident

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is 5 times lower than the national accident average number

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we launched graph share in many countries

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1 of them in Singapore

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and we reach 2 million rep share rights

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in 2 months

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rupture is essentially a pulling product

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you pick up a messenger

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who's going on the same direction

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and then you drop off either the passenger a passenger B first depending

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voice nearer

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well just imagine

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happens to travel to the same office every day

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and if you and your neighbor drive to work every day there's 2 cars going in the same route

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every day

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imagine able to

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and you save have you 1 Carlos

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on this on the road

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and that's what rep share is trying to do

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obviously

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we need a better algorithm that that can match not just you and your neighbor but your name but you and your neighbor who

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5 5 houses down this down the street

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a neighbor who's going to a building probably 2 blocks away not the same building

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so all these requires data and good algorithm

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the fuel advantage to grab share well there's many benefits 1 is obviously what I said

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let's call The Roots

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on the passenger side

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the passenger and passenger be today when they use grab share actually reduce the cost

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by quite a bit at least 30% they'll save

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so

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Messenger will save cost by using grab shares as well

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on the driver's side

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because now the driver is cutting 2 passengers instead of 1

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the drive was able to earn more as well

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so grab share is a product that benefits

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not just a road users

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the passengers as well as the drivers

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we are very proud of what

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1 of the things that we are very

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that the something very focused on is about providing local solutions to local problems

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my boss Anthony

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um obviously

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we all over execute

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we make sure

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make sure we first of all you know wait at the right time at the with the right solution

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and then you come up with good execution strategy to make sure

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you execute your strategy well

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every day I grabbed

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is 5 terabytes of data on a daily basis

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the number of the the amount of data that we gather allow us to analyze the data knowing where the passengers travel

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where they're picking up where they're dropping off when certain routes are

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congested

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when certain routes uh you may flood during during a rainy season

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um you know and and analyzing data is not just

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on the back end

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we also do that on the live basis imagine right now if

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know half of Bangkok is raining right now

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we can actually tell immediately

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where which part of Bangkok is raining which part of Bangkok is short of course which part of Bangkok

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this shot of drivers and we can then concentrate

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our drivers our cars in those areas

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last year grab um uh

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partnered with open traffic so open traffic is part of a platform that um

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is uh World Bank organizers

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um essentially we collaborate with World Bank to provide

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our data

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World Bank free of cost

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um so that World Bank is able to analyze

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which part of the city which part of a village or which part which part of of

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most susceptible to traffic

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