Grab bulks up even as Singapore trustbusters circle

The ride-hailing unicorn is launching a super-app, seeking out partners along the transport value chain, and targeting $1 billion in revenues this year. It’s drive for scale refuses to slow.

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...

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