Grab ran a successful pilot of autonomous vehicles in September, rolled out in partnership with WeRide, a Chinese robotaxi operator. Earlier this year, Grab announced it would make a "strategic equity investment" in WeRide, to be completed in the first half of next year. Then, in late October, Grab also invested in U.S.-based May Mobility, another provider of autonomous vehicles. May Mobility started to provide commercial rides on robotaxis in the U.S. earlier this year.
Sea's digital financial services arm, rebranded to Monee, achieved nearly 35% growth last year, reaching $2.4 billion, showcasing the growing demand for fintech in the region.
