Grab expects to break even in its digibank operations by 2026

Grab expects to break even in its digibank operations by 2026

SINGAPORE: Grab Holdings Limited, Southeast Asia’s greatest ride-hailing and meals delivery firm, expects to break even in the digibank operations by 2026, Chief Monetary Officer Peter Oey told analysts in the company’s first buyer day on Wednesday.

Grab’s altered EBIDTA break-even is certainly expected by the 2nd half of 2024 because it accelerates toward profitability, he said. : Reuters