The Business Times
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Robotaxis and Grab’s billion-dollar dilemma

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    • Like Uber, Grab has only recently gotten in the black, reporting its first company-wide profit in the fourth quarter of 2023, after more than a decade of operations.
    • Like Uber, Grab has only recently gotten in the black, reporting its first company-wide profit in the fourth quarter of 2023, after more than a decade of operations. PHOTO: LIANHE ZAOBAO

    Melissa Goh

    Published Tue, Jan 14, 2025 · 10:27 AM

    THE rise of autonomous driving technology puts ride-hailing firms in a dilemma: Adopt the technology now at a high cost for an uncertain payout, or wait and see and risk losing market share.

    The answer is not clear cut.

    Adopting the tech is likely to upset drivers – a core pillar of any ride-hailing platform today. Mobility firms that go slow, on the other hand, risk missing the boat on a disruptive tech.

    robotaxiTech in AsiaGrab

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