South China Morning Post
International · 6 hrs ago
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AI helps Singapore’s Grab woo tough Southeast Asian crowd, exceed expectations
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Accuracy 75/100
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Grab, Southeast Asia's largest ride-hailing and delivery company, reported first-quarter profits that beat analyst expectations, attributed to strong demand and AI-driven features integrated into its superapp platform amid challenging regional economic conditions.
AI helps Singapore’s Grab woo tough Southeast Asian crowd, exceed expectations
Singapore’s Grab reported first-quarter profit that exceeded analysts’ estimates, helped by resilient demand for ride hailing and delivery in a market rattled by economic and political challenges.
Southeast Asia’s biggest ride-hailing and delivery firm has been trying to boost spending on its platform by incorporating artificial-intelligence features into its superapp and bundling its core ride-hailing, delivery and financial services.
With oil and gas prices soaring due to the war in the Middle
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