Published 2 years ago

Can Grab hit the slab of profitability in 2024?

Summary by Ground News

Grab has been struggling since it went public through a merger with a special purpose acquisition company in December last year. The Southeast Asian tech giant targets profitability in 2024 and it is speeding up efforts to reverse years of losses. Grab also forecasted a 45% to 55% increase in growth for 2023, in its attempt to try and reassure shareholders.

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Tech Wire Asia

Can Grab hit the slab of profitability in 2024?

Grab has been struggling since it went public through a merger with a special purpose acquisition company in December last year.Now, it expects revenue to slow sharply still since its ride-hailing operation has yet to fully recover.The Southeast Asian tech giant targets profitability in 2024 and it is speeding up efforts to reverse years of losses, while expecting to grow by 45% to 55% next year.Once known as the rising star of Southeast Asia, G…

2 years ago·Kuala Lumpur, Malaysia

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Can Grab hit the slab of profitability in 2024?

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Can Grab hit the slab of profitability in 2024?

Can Grab hit the slab of profitability in 2024?

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