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Marketing In Asia > Blog > Business > GrabAds and GroupM Expand Strategic Partnership to Revolutionize Retail Media in Southeast Asia
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GrabAds and GroupM Expand Strategic Partnership to Revolutionize Retail Media in Southeast Asia

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Last updated: 2024/12/10 at 9:28 AM
Gaurav Mishra
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GrabAds and GroupM Expand Strategic Partnership to Revolutionize Retail Media in Southeast Asia
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SINGAPORE, 10 DECEMBER 2024 – GrabAds, the advertising arm of leading superapp Grab, will expand its strategic partnership with GroupM, WPP’s media investment group, to help the latter’s clients unlock the power of Grab’s retail media network (RMN) capabilities for brand, performance and business growth. As part of the expanded partnership, GrabAds will enhance its first-party audience data with geo-based signals, which GroupM will further aggregate and integrate into their internal proprietary platforms. With these insights, GroupM clients across Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam can look forward to more refined, data-driven media planning within an integrated omnichannel ecosystem.

The partnership will enable GroupM to access anonymised and indexed consumer insights based on real transactions which are then enhanced with geo-based signals, all of which are fully compliant with personal data privacy standards. These include data categories like cuisine preference, frequently travelled points of interest, and spend attributes. These geo-based first-party audience insights will enable more precise targeting capabilities for GroupM’s clients, that they can leverage to further optimise their media strategies and achieve marketing objectives. Brands will also benefit from full-funnel marketing capabilities with GrabAds’ RMN ecosystem, to maximise advertising spend for brand-building and sales objectives.

GroupM and GrabAds have been working together since 2021 to help advertisers harness retail media more effectively. With this expanded partnership, GroupM clients will continue to benefit from GrabAds’ existing and upcoming innovative omnichannel advertising offerings, including native advertising formats exclusive to Grab, data-driven campaigns, offline fleet placements, and programmatic buying capabilities. GroupM and GrabAds will also co-innovate on advertising solutions and media strategies. This collaboration will provide GroupM clients across sectors with early access to integration benefits and testing opportunities, enhancing their advertising effectiveness.

“We embarked on this partnership with Grab given our confidence in their ability to work together with us to unlock market-leading advantage and value for clients in the evolving advertising landscape. As we continue to build and invest in a high-quality media ecosystem that is diverse, sustainable and audience-first, we are excited at the opportunity Grab presents with rich first-party audience insights and their strength as a platform that serves advertiser needs to connect the online to offline consumer journey. Multiple elements of the partnership will come together to accelerate growth for our clients including data, geo and audience-based expertise and more,” said Anita Munro, Chief Investment Officer, GroupM Asia Pacific. 

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The partnership comes amid the strong interest and uptake of RMNs in the region. Globally, GroupM’s ‘This Year Next Year’ study highlights that RMNs remain the fastest-growing segment of digital, with an addition of 17.5% in 2024 and 13.5% in 2025. In particular, superapp RMNs like GrabAds have been growing in prominence. GroupM’s expertise combined with Grab’s ecosystem will give brands access to a high-value consumer base and comprehensive insights – now enhanced with geo-based signals – that enable more effective and specific audience targeting. 

“We are excited to continue working alongside GroupM to help their clients unlock the true potential of retail media advertising, whether that’s crafting full-funnel campaigns or providing more precise means of measuring advertising returns. By combining GroupM’s scale, commitment to innovation and client-first mindset with our superior RMN capabilities, we are well-positioned to help GroupM clients drive accelerated growth in Southeast Asia,” said Ken Mandel, Regional Managing Director and Head of GrabAds and Enterprise at Grab.

About GrabAds

Established in 2018, GrabAds has evolved into an integrated advertising solutions provider that provides advertisers with multiple channels, such as in-app advertising, branding, and product sampling via the Grab ecosystem, for building awareness, engaging audiences, and triggering action across the Grab platform. Through its advertising and technology capabilities, GrabAds aims to help people discover, engage, and connect with the best businesses in Southeast Asia. For more information, visit GrabAds For Business.

About GroupM

GroupM is WPP’s media investment group and the world’s leading media investment company with a mission to shape the next era of media where advertising works better for people. The company is responsible for more than $60 billion in annual media investment, as measured by the independent research bureau COMvergence. Through its global agencies Mindshare, Wavemaker, EssenceMediacom, and T&Pm, and cross-channel performance, data and technology, entertainment, and investment solutions, GroupM leverages a unique combination of global scale, expertise, and innovation to generate sustained value for clients wherever they do business. Discover more at www.groupm.com. 

Legal Disclaimer: The Editor provides this news content "as is," without any warranty of any kind. We disclaim all responsibility and liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. For any complaints or copyright concerns regarding this article, please contact the author mentioned above.

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TAGGED: first-party data, geo-based insights, grabads, groupm, omnichannel advertising, retail media, southeast asia

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    Gaurav Mishra December 10, 2024 December 10, 2024
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