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Grab faces crossroads in food delivery as restaurant dining returns

Southeast Asian leader joins competitors in shaking up growth strategies

Grab, which reported a $1 billion net loss for the first half of this year, will focus on attaining profitability.   © Reuters

SINGAPORE -- The Southeast Asian food delivery business thrived during the pandemic, and Singapore-based Grab was one of the most successful in a crowded field.

But as the pandemic recedes and diners begin to venture out again, companies are under pressure to adjust their business models to meet new challenges.

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