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Grab sees service outages in several SEA countries
“Grab‘s ride-hailing service was having technical difficulties with some customers reporting problems with using the app,” Bloomberg reported.
Details:
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A Grab representative told Tech in Asia that while services have been restored, it’s continuing to monitor its system to ensure the root cause has been fully addressed.
Dive deeper:
- Grab is in the process to list in the US via a special purpose acquisition company, but its revenue in the third quarter this year was down 9% from 2020.
- Food delivery has been an important segment amid the pandemic for Grab, a segment which could help it achieve positive EBITDA (earnings before interest, taxes, depreciation, and amortization) by next year. (Read also: How Grab built its lead in the food delivery war)
Editing by Miguel Cordon and Lorenzo Kyle Subido
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