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Grab Holdings Inc. is a Singaporean multinational technology company headquartered in One-North, Singapore.It is the developer of a super-app for ride-hailing, food delivery, and digital payment services on mobile devices that operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam.
Grab’s latest quarter could signal that its cost-cutting drive is starting to produce the desired results as the company has also now delivered 11 consecutive quarters of adjusted Ebitda ...
Image source: Getty Images. Grab comes up short. Revenue in the quarter rose 17%, or 23% in constant currency to $664 million, which missed estimates at $673.2 million.
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It was established in 2005 and operated over 220 taxis, a call centre, as well as a workshop which repaired and maintained the taxi fleet. [89] Competition with Uber and Grab, along with spending with the aim of increasing service quality and maintaining the taxi fleet, led to a decrease in profit to only VNĐ235 million (US$10,300) in 2017.
The road to autonomous driving is not for the faint of heart. Look behind to view the wreck of Uber’s self-driving car. In the ditch to the left is General Motors’ Cruise robo-taxi.
Tan's great-grandfather was a taxi driver and his grandfather was responsible for pioneering the Japanese automotive industry in Malaysia. [4] He worked on the assembly line at his father's company and attended meetings with union bosses at a young age. [2] Tan expressed an interest in business and entrepreneurship at a young age.
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