2 senior Grab executives quit as company rejigs unit to stem losses

  • 📰 TODAYonline
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 99%

United States News News

United States United States Latest News,United States United States Headlines

SINGAPORE — Two top executives at Grab Holdings' fintech business have quit, adding to other senior departures in recent months, as the Southeast Asian ride-hailing and delivery firm rejigs the key unit at the loss-making group, two sources said.

Mr Chris Yeo, who heads Grab's payments and rewards business and has been with the company for nearly six years, is leaving along with Mr Jeffrey Goh, who leads the payments gateway business, the sources familiar with the matter told Reuters.

"Many business groups within GrabFin have been put on notice with significant performance metrics," said one of the sources."There's an intense focus on getting to profitability." Grab declined to comment specifically on the executives' departures. There was no immediate response from Yeo and Goh to a Reuters query.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Peter Lim is destroying the international image of Singapore, he is killing Valencia CF

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Exclusive-Two senior Grab executives quit as company rejigs unit to stem losses - sourcesTwo top executives at Grab Holdings' fintech business have quit, adding to other senior departures in recent months, as the Southeast Asian ride-hailing and delivery firm rejigs the key unit at the loss-making group, two sources said. Chris Yeo, who heads Grab's payments and rewards business and has been with the company for nearly six years, is leaving along with Jeffrey Goh, who leads the payments gateway business, the sources familiar with the matter told Reuters. Both Yeo and Goh worked at the Grab Financial Group's GrabFin unit, which provides digital payments, financing, insurance, rewards, and wealth management services, and is an important plank of Grab's regional growth strategy.
Source: YahooSG - 🏆 3. / 71 Read more »

Exclusive-Two senior Grab executives quit as company rejigs unit to stem losses - sourcesTwo top executives at Grab Holdings' fintech business have quit, adding to other senior departures in recent months, as the Southeast Asian ride-hailing and delivery firm rejigs the key unit at the loss-making group, two sources said. Chris Yeo, who heads Grab's payments and rewards business and has been with the company for nearly six years, is leaving along with Jeffrey Goh, who leads the payments gateway business, the sources familiar with the matter told Reuters. Both Yeo and Goh worked at the Grab Financial Group's GrabFin unit, which provides digital payments, financing, insurance, rewards, and wealth management services, and is an important plank of Grab's regional growth strategy.
Source: YahooSG - 🏆 3. / 71 Read more »