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QoQ growth was mainly driven by an increased number of deposit customers for GXBank, our Digibank in Malaysia, which doubled to 262,000 customers as of March, from 131,000 customers at the end of 2023

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  • Invest Long ✓ : Will grab become a side Fintec ? they did mentioned alot of plans and project to be launched

  • 會飛の魚OP Invest Long ✓: They have always been very active in seeking opportunities and promoting and developing new products. As long as they find a balance, they have beautiful results ☆ ☆ ☆

  • Salmon Klein : the growth is mainly driven by the banking area? no because of the taxis, transportation servicing? how was th guidance for the year? good? i may buy more shares today

  • 會飛の魚OP Salmon Klein: Government and regulatory initiatives such as Tourism Authority of Thailand and Grab's Kota Masa Depan Program in Indonesia have contributed to progress.
    Grab's On-Demand Grab hit a new record of $4.2 billion in a quarter, up 21% year over year.
    Despite being affected by seasonal festivities, delivery demand remains elastic.
    Grab's loan business grew, and the total amount of diversified loans increased 64% year over year in the first quarter to reach $483 million.
    Demand is strong in the travel sector.
    The plan is to gradually expand the loan business and optimize its internal Digibanks spending.
    It promises to achieve break-even in its financial services sector no later than the second half of 2026.
    Grab's fintech business is expanding, and loans are the main revenue driver.
    The company has implemented cost management and efficiency improvement initiatives in various divisions.

  • Salmon Klein 會飛の魚OP: wuau, i didn't know they were doing do many things. but why they are not profitable yet? is something i do not understand, they dont have logistics, or own cards etc, what's going on there? thanks

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