Topic
Grab
3 articles in this thread.
Meituan's reported Foodpanda retreat eased pressure on Grab
A December 2023 report said Meituan had stepped back from Foodpanda talks. That eased a competitive threat without proving better delivery economics.
Grab reached positive adjusted EBITDA. The net loss remained.
Grab reached positive adjusted EBITDA in Q3 2023, while still losing money overall. The excluded costs and cash flow mattered.
Grab aims to break even by H2 2024
Grab's 2022 break-even target used adjusted EBITDA. The useful question was whether rides and delivery could carry themselves.