SINGAPORE -- Singapore-based Grab expects to turn its first quarterly profit sooner than projected, the company said Wednesday, following a series of cost-cutting measures and stronger demand in the core ride-hailing and food delivery services.
Technology
Singapore's Grab speeds up profit forecast as loss narrows
Super app operator expects to break even in 3rd quarter this year
The Southeast Asian tech group has taken a series of cost-cutting measures since last year, including a freeze on most hiring. (Photo by Fumika Sato)
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