Jean Qing Liu resigns as DiDi President to focus on talent, organization, and social responsibility work, moving to Permanent Partner role under Chairman, eliminating the President position going forward.
Grab's financial arm saw 53% YoY growth to $55 million in Q1 2024, credited to data access for improved monetization, decreased credit loss, and higher product demand.
Grab's fintech strategy involves vetting loan customers based on gathered service data, such as rideshare, food delivery, and financial services, leveraging extensive customer information for efficient operations.
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