Grab CFO Peter Oey told Bloomberg Tech that the company’s customers are spending more after adopting AI tools. The firm operates ride-hailing, delivery, and financial services across its network. Oey linked the increased spending directly to the use of artificial intelligence features.
The company has now raised its full-year revenue and profit forecasts following this positive trend. AI usage is specifically credited with driving higher customer engagement and spending across Grab’s various digital platforms. The earnings discussion was broadcast live on Bloomberg Tech.
This shift suggests that AI integration is delivering tangible financial benefits for the firm’s core business operations. Investors should monitor whether this spending momentum continues to support Grab’s revised growth targets. The data indicates that AI tools are becoming a key driver of value for the company’s ecosystem.
