A Grab logo is pictured at the Money 20/20 Asia Fintech Trade Show in Singapore March 21, 2019.

REUTERS/Anshuman Daga By Chen Lin, Anshuman Daga and Xinghui Kok SINGAPORE (Reuters) -Grab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm, expects to break even on its adjusted EBITDA by the second half of 2024 as it accelerates toward profitability, company officials said on Tuesday.

"Our cash position is not something that we take for granted.

Grab also announced that it expects group revenue to grow by 45% to 55% year-on-year in 2023 on a constant currency basis.

Operating in 480 cities across eight countries, Grab has more than five million registered drivers and more than two million merchants on its platform.
Source: Investing.com
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