Grab to cut costs amid macroeconomic uncertainties, CEO writes in memo

Grab to cut costs amid macroeconomic uncertainties, CEO writes in memo

REUTERS/Anshuman Daga

Grab Holdings Ltd, Southeast Asia’s biggest ride-hailing and food delivery firm, is rolling out cost-cutting measures to cope with an uncertain macroeconomic situation, the Singapore-based company’s chief executive told staff in a memo.

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