Saturday, May 25, 2024
HomesingaporeAnalysis: Grab’s failed foray into investment sector showed its struggle to convert...

Analysis: Grab’s failed foray into investment sector showed its struggle to convert users despite large base

SINGAPORE — It may be the most known operator of ride-hailing, food delivery and payment services with its mobile applications in the region, but Grab’s venture into retail investment three years ago in the hope of tapping its large user base has not taken flight as envisioned.

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