Grab has been trying to boost spending on its platform by incorporating artificial-intelligence features into its superapp and bundling its core ride-hailing, delivery and financial services.
Grab has been trying to boost spending on its platform by incorporating artificial-intelligence features into its superapp and bundling its core ride-hailing, delivery and financial services.
With oil and gas prices pushed up by the war in the Middle East, the company has also leaned on promoting more affordable offerings, including its “saver” option, to woo customers grappling with higher costs of living.
Profit for the first quarter was US$120 million, compared with US$10 million a year earlier, boosted by a US$118 million net gain on fair value of financial assets and liabilities.
Companies also tap AI to analyse employee sentiment and attrition risk, said SNEF, as well as to benchmark compensation and analyse pay equity. Reliance on…
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