PYMNTS· PYMNTS·· 3 hours agoAI score60
Grab revenue grows 27%, with mobility, delivery, and financial services all turning profitable simultaneously
Grab Gets AI Assistance as Revenues Rise 27%
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Grab reported 27% revenue growth, with its mobility, delivery, and financial services segments achieving profitability simultaneously for the first time. The company is piloting the Muse assistant with Meta in Singapore, allowing users to create a GrabMart shopping basket in the chat interface before switching to the Grab app to check out; Grab is also working with OpenAI to provide AI tools to 30,000 driver and merchant partners.
Source:PYMNTS · pymnts.com