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Singapore's Grab Bets on AI and New Services to Triple Profits by 2028
21 hour ago /
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Author：小编
The president of Southeast Asian ride-hailing and delivery firm Grab told Reuters that the company is actively deploying in the field of artificial intelligence and expanding into new businesses such as online grocery and financial products, with the goal of tripling its profits by 2028. In an interview at Grab's headquarters in Singapore, the president and chief operating officer of Grab said that the company has set a target for the next three years to achieve annual revenue growth of over 20%, and by 2028, to increase its earnings before interest, taxes, depreciation, and amortization (EBITDA) to $1.5 billion, triple the level of last year.
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