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Grab uses AWS to boost services in mobility, delivery, banking
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Grab uses AWS to boost services in mobility, delivery, banking

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Grab announced Wednesday it would use Amazon Web Services (AWS) as its main cloud provider.

This move aims to enhance Grab’s services, including mobility, delivery, and digital banking, across eight countries.

The partnership seeks to boost Grab’s efficiency and manage information technology expenses, which the platform claims to serve 41.9 million monthly users and over 13 million driver and delivery partners.

Recent Grab developments

Timeline
12-Nov-2024 💰 Grab returns to profit in Q3, raises 2024 revenue forecast
  • Grab turns profitable with $15M Q3 earnings
  • Revenue rises 17% YoY to $716M, shares up 12%
12-Nov-2024 📊 Grab’s financial health in 8 charts
  • Grab dominates ride-hailing & food delivery.
  • Quarterly charts track company performance.
24-Oct-2024 🏢 Grab mandates 5-day WFO
  • Grab mandates office return five days a week.
  • Adjustments allowed before the 2 December deadline.
23-Oct-2024 🚀 Grab COO breaks down ‘triple pivot’ strategy for profit
  • Alex Hungate is now president of Grab.
  • Company focuses on profitability and core services.
08-Oct-2024 🌍 Grab forms task force to support Thai tourism
  • Grab forms tourism task force in Thailand
  • Includes major travel stakeholders and officials
30-Sep-2024 🌍 Grab places 2nd on Fortune’s 2024 Change the World list

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