Southeast Asia’s leading ride-hailing platform still hopes it can find growth in the region’s crowded delivery space, even if tough competition and inflation make it harder to attract new users.
On an earnings call with analysts, Grab CEO Anthony Tan said Southeast Asia is still a “severely under-tapped” market; even as the ride-hailing firm hits an all-time high of 44 million monthly transacting users, Tan says Grab is still serving just one in 20 Southeast Asians.
