Grab’s patent involves a processor device managing transport-related service requests by batching requests, matching them with service providers, and notifying potential matches. The system aims to efficiently connect requesters with available providers. GlobalData’s report on Grab gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on Grab, was a key innovation area identified from patents. Grab's grant share as of February 2024 was 25%. Grant share is based on the ratio of number of grants to total number of patents.
Processor device for managing transport-related service requests
A recently granted patent (Publication Number: US11928752B1) discloses a processor device designed to manage multiple transport-related service requests efficiently. The processor device, equipped with a CPU, input device, and output device, operates under stored instructions to receive service requests from various requesters, buffer them until a batch creation criterion is met, match each service request to an available service provider, and notify the matched service providers for acceptance or rejection. The batch creation criterion can be based on reaching a predetermined threshold number or the elapsing of a dynamically variable time period, which can be adjusted based on data traffic load.
Furthermore, the patent outlines a method for managing transport-related service requests using the processor device, emphasizing the importance of matching processes, buffering service requests, and notifying potential matches to service providers. The method includes varying the time period and geographical area to control the number of service requests in a batch, dynamically establishing parameters based on historical data and real-time factors, and assigning priorities to both service requests and providers. Additionally, the method addresses scenarios where unmatched service requests are added to later batches for further matching attempts and rejected if unmatched for a threshold number of times. The patent also covers the use of a non-transitory computer-readable medium to execute the method, ensuring efficient management of transport-related service requests through optimized matching processes and dynamic adjustments based on real-time data.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
