Grab Holdings Chooses Amazon Web Services as Preferred Cloud Provider
MT Newswires Live12-05
Grab Holdings (GRAB) has chosen Amazon (AMZN) Web Services as its preferred cloud provider, the companies said late Wednesday.
Financial terms were not disclosed.
The Southeast Asian delivery and financial services app said it will use Amazon Web Services' cloud infrastructure to serve its 41.9 million monthly users across Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
Grab said the cloud provider will help it keep operational costs down and adopt artificial intelligence technologies to provide delivery route guidance, sharpen pricing tools, personalize customer experiences, and detect possible fraud.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
