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Bangkok Post

Business

Grab profitability imminent

Grab Worachat Luxkanalode Grab Thailand Suchart Chomklin

From left Chantsuda Thananitayaudom, head of marketing at Grab Thailand, Mr Suchart and Mr Worachat.

Grab Thailand is aiming to attain profitability next year, which marks a decade of operations in the country, driven by its ride-hailing services and online grocery shopping.

"We are steering towards profitability in 2023, when we mark the 10-year anniversary of operations," Worachat Luxkanalode, executive director of Grab Thailand, said at the firm's GrabNEXT conference on Wednesday.

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