Grab Grabs Profitability, Now Sets Sights on Affordable Growth

Grab Grabs Profitability and Sets Sights on Affordable Growth Major moves from Singapore's superstar startup Grab this quarter!

The company just announced it's reached profitability for the first time ever. Cha-ching! 💰

Abundant Opportunities

But CEO Anthony Tan says Grab is far from done growing. He sees "abundant opportunities" to serve even more people across Southeast Asia.

Now, Grab is shifting gears to focus on making its services more affordable for all.

Tasty Deals

Grab's been cookin' up some tasty deals to launch its next stage of growth. For deliveries, its Saver service accounts for a third of sales - insane!

By offering discounts on essentials, Grab reaches tons more new users each month.

Reducing Incentives

And Grab's not just slashing prices. The company is reducing incentives while keeping services affordable. Now that's smart!

Price Chop

Beyond deliveries, Grab's giving rides a price chop too. In the Philippines, Grab just relaunched its cheaper Move It moped service. The result? Massive increases in ridership!

Growing Profits and Customers

Grab's proving you can grow profits AND customers. The company's future looks bright as it expands access to services across Southeast Asia. Affordable growth for the win!