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Grab’s AI Revolution Boosts Margins | Raleigh News
Grab is transforming into a lean, AI-powered powerhouse, slashing costs and boosting margins while scaling faster than ever. CFO Peter Oey revealed how AI now drives core operations — shipping products 3x faster, cutting 40,000 hours of inefficiency, and revolutionizing customer service and credit scoring. Q2 results smashed records: revenue up 22%, adjusted EBITDA surged 54%, and monthly users hit 54 million. Though headline profits were boosted by a one-time bank consolidation gain, operating profit still improved — and Grab’s confidence is so strong they’re raising full-year targets and…
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