Grab aims to break even sooner for delivery despite softer demand

Nasdaq-listed superapp continues to taper incentives after Q2 loss narrows to $572m

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Grab said it will focus more on "high quality" customers to achieve its profitability goals.  © Reuters

TSUBASA SURUGA, Nikkei staff writer

SINGAPORE -- Singapore-based superapp Grab on Thursday moved forward the deadline for its delivery businesses, from food and groceries to parcels, to break even as the loss-making company continues its push to turn profitable amid greater scrutiny from investors.

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