SINGAPORE -- Singapore-based tech group Grab said it expects to deliver its first profit sooner than it had forecast after cutting earnings-draining incentives for the first time since its high-profile stock market listing.
Technology
Singapore's Grab speeds up profit outlook as cost cuts pay off
Nasdaq-listed tech group expects to break even sooner after annual loss halves to $1.74bn
Revenue from Grab's delivery services surged in 2022, with help from a Malaysian acquisition. © Reuters
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