Grab is expecting to hit $1 billion in revenues in 2018, just six years after the ride-hailing app was founded in Singapore.
Valued at $10 billion during its newest fundraising, the ambitious unicorn also said on Tuesday that it is seeking partners along the transport value chain, expanding into grocery deliveries, and launching a super-app that will bring together all its services from taxi-hailing to payments.
It is not the kind of language you would expect from a company caught up in an anti-monopoly ruling in its home town. However, the drive for scale is becoming so imperative for modern internet companies that Grab...