Grab

Grab has revised its full-year financial projections upward following a strong second quarter, driven by resilient consumer demand and strategic AI integration. The super-app reported record results, including a 22% revenue growth and a significant increase in operating profit. Ride-hailing demand surged 28% year-on-year. The company also anticipates completing its acquisition of Delivery Hero’s foodpanda business in Taiwan.

Rising labor costs and tight delivery margins are pushing Grab towards automation. By acquiring Infermove, Grab is bringing robotics expertise in-house to develop AI for real-world delivery challenges. This move aims to selectively integrate robots into specific delivery segments, complementing human couriers rather than replacing them, to improve efficiency and manage costs while maintaining service quality in complex urban environments.