Grab Thailand is optimistic with regard to its operating profit this year given the business direction of its parent, Nasdaq-listed Grab Holding, which aims to break even.
The local unit plans to focus on sustainable growth thanks to the recovery of its core businesses, especially ride-hailing, with daily service usage slightly surpassing levels posted before the pandemic.
Tourists using Grab’s ride-hailing services last year increased 152% from 2021 after the country’s reopening.
The company’s delivery services are gaining in popularity as users…