SINGAPORE -- Singapore-based superapp Grab has formed tie-ups with fellow tech giants Amazon.com and China's Tencent Holdings, hoping to generate extra revenue needed to achieve a profit by the end of the year as promised to increasingly impatient investors.
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Grab leans on Tencent and Amazon in rush to turn profit
Singaporean superapp cuts sales promotions to focus on monetization
Grab scored a coup by being featured as a miniprogram on the WeChat app. © Reuters
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