SINGAPORE -- Singapore-based superapp Grab said Wednesday that its delivery segment has broken even, including the popular food delivery service, as the Southeast Asian tech giant rushes to narrow years of losses in the face of stronger investor scrutiny.
Technology
Singapore's Grab breaks even on deliveries ahead of schedule
Superapp narrows Q3 loss to $342m with reduced incentive payouts
Grab's delivery business logged adjusted EBITDA of $9 million for the July-September quarter. © Reuters
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