Superapp Grab Selects AWS as its Preferred Cloud Provider to Drive Technology Innovation and Growth

$AMZN
$GRAB
Catalog/Specialty Distribution
Consumer Discretionary
Business Services
Consumer Discretionary
Get the next $AMZN alert in real time by email

Southeast Asia's leading superapp leverages AWS to enhance operational efficiency across eight countries

At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ:AMZN), and Grab, Southeast Asia's leading superapp (NASDAQ:GRAB), announced that Grab has selected AWS as its preferred cloud provider. With AWS, Grab is pursuing a technology-led strategy to accelerate growth across its mobility, deliveries, and financial services verticals, including its new digibanks, while continuing to improve its operational efficiencies and reduce IT infrastructure costs.

Grab relies on the world's leading cloud to serve 41.9 million monthly transacting users1 and over 13 million driver and delivery partners2 registered on its platform. Every second, Grab processes over a hundred transactions, receives over 500k GPS pings and services over 50,000 ETA requests. AWS powers Grab's critical compute, storage, networking, and database functions. By leveraging AWS's resilient, secure, and elastic cloud, Grab accelerates innovation, rapidly launches new services, and scales efficiently across its eight-country footprint: Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

"At Grab, our strategy for growth is anchored on constant innovation to outserve the needs of our users and partners," said Suthen Thomas Paradatheth, CTO of Grab. "This requires rapid experimentation, while ensuring security and stability, along with the ability to fully harness the potential of the latest tech like generative AI. We're pleased to extend our partnership with AWS as our preferred cloud partner to continue to support us on this journey."

Grab optimizes operating costs with AWS

As Grab looks to balance growth with cost discipline, it is using AWS Cloud to power the majority of its operations in Southeast Asia across verticals such as mobility, deliveries, and financial services and entities, including its digibanks in Indonesia, Malaysia, and Singapore. By adopting AWS's suite of cloud-based solutions, Grab has been able to gain agility and reduce operational costs. Grab uses analytics service AWS Clean Rooms, which enables secure, privacy-preserving data collaboration between different entities and organizations. Grab also leverages AWS's purpose-built databases and has migrated more than 400 backend application services from traditional virtual servers to AWS Graviton2 processors to drive high performance, as well as cost and energy efficiency.

Grab relies on AWS to scale securely, swiftly, and with stability

On-demand transactions made by Grab customers were up 22% in the third quarter of 2024. To cater to this surge in demand for services, Grab uses Amazon Relational Database Service (Amazon RDS) as its transactional database coupled with Amazon DynamoDB. This ensures high availability, scalability, and adaptability of its platform to drive exceptional customer experience fueled by more accurate searchable data. With AWS, Grab seamlessly adapts to evolving customer needs by easily adjusting resources dynamically based on user demand. For example, during peak times like holiday sales, Grab can easily accommodate increased traffic to make transactions across the superapp seamless. Conversely, during off-peak periods, resources can be scaled down to save costs.

As it looks to accelerate growth with initiatives focused on affordability, high value offerings, and digital banking, AWS provides Grab with a stable and scalable infrastructure to support this rapid expansion. For instance, Grab continues to scale its revamped Advance Booking feature across the region. It also did a region-wide roll out of its improved Group Order feature and continues to drive adoption for it, making it easier for users to join the group order, track food delivery updates, and split the bill. With AWS, Grab was also able to build and launch digital banks in Singapore and Indonesia, as well as GX Bank in Malaysia, which was launched in under 16 months, scaling rapidly to serve close to one million customers within the first year of launch.

Accelerating AI-led growth at Grab with AWS

As one of the pioneers of AI adoption in Southeast Asia, Grab is committed to being at the forefront of exploring how the latest AI technologies can better serve and respond to the needs of its users and partners. Catwalk, Grab's machine learning (ML) model platform, is built on Amazon Elastic Kubernetes Service (Amazon EKS), and has been used to deploy over 1,000 AI models in production, such as route guidance and pricing. With Catwalk, Grab provides users' real-time decision-making across its services and delivers personalized experiences like tailored restaurant recommendations, loyalty rewards, and bespoke financial services based on users' preferences. In addition, Grab uses AWS's custom-designed AWS Inferentia chips with specialized ML inference capabilities to cost efficiently power its AI-powered services, including map enhancements and fraud detection in its digital banks.

Grab also leverages AWS as the underlying compute infrastructure for its many AI initiatives. The superapp stores hundreds of petabytes of data and processes over 200 TB of data—the equivalent of 200,000 full-length movies—on AWS daily. This data forms the foundation of Grab's advanced analytics, ML, and AI initiatives, with AWS powering innovations across the company's services offerings.

Building on AWS's compute foundations, Grab continues to develop and implement several AI-powered use cases, particularly to improve driver productivity and support merchant growth. By integrating large language models (LLMs) with point-of-interest data and historical customer notes, Grab has refined its last-mile guidance system for delivery partners. This enhancement provides drivers with more precise drop-off instructions, enabling them to complete more trips every hour, leading to higher earnings, while expediting food delivery to consumers. Additionally, Grab has rolled out a new feature that uses AI to create appetizing descriptions of food dishes in five of its eight markets. This has boosted order completion rates, bringing particular benefits to smaller, unique restaurants on the platform and enhancing the overall dining experience for customers.

"AWS is proud to support Grab in its mission to drive innovation and enhance customer experiences across Southeast Asia," said Jeff Johnson, managing director, ASEAN at AWS. "By leveraging AWS's unparalleled operational performance, scalability, and cutting-edge technologies, Grab is able to deliver personalized, seamless transactions to millions of users throughout the region. As the leading cloud provider, AWS is uniquely positioned to help Grab optimize its price performance, boost operational efficiency, and continually evolve its broad suite of data-powered services. We're excited to continue collaborating with Grab as it navigates the dynamic landscape of ecommerce and superapp development, ensuring it stays at the forefront of innovation in the digital economy."

About Grab

Grab is a leading superapp in Southeast Asia, operating across the deliveries, mobility and digital financial services sectors. Serving over 700 cities in eight Southeast Asian countries - Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam - Grab enables millions of people everyday to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending and insurance, all through a single app. Grab was founded in 2012 with the mission to drive Southeast Asia forward by creating economic empowerment for everyone, and strives to serve a triple bottom line: to simultaneously deliver financial sustainability and have a positive social and environmental impact in Southeast Asia.

About Amazon Web Services

Since 2006, Amazon Web Services has been the world's most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, media, and application development, deployment, and management from 108 Availability Zones within 34 geographic regions, with announced plans for 18 more Availability Zones and six more AWS Regions in Mexico, New Zealand, the Kingdom of Saudi Arabia, Taiwan, Thailand, and the AWS European Sovereign Cloud. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth's Most Customer-Centric Company, Earth's Best Employer, and Earth's Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

______________________

1 As of Grab Q3'24 results

2 As per Grab ESG Report 2023

Get the next $AMZN alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Q&A

New
  • What recent partnership did Grab announce at AWS re:Invent?

    Grab has selected AWS as its preferred cloud provider to enhance operational efficiency and support its technology-led growth strategy across multiple verticals.

  • How does Grab utilize AWS to handle its high transaction volume?

    Grab processes over a hundred transactions every second and relies on AWS for its critical compute, storage, networking, and database functions to service nearly 42 million users.

  • What specific technology is Grab using from AWS to optimize its backend operations?

    Grab has migrated over 400 backend application services to AWS Graviton2 processors, resulting in high performance, energy efficiency, and reduced operational costs.

  • How has Grab benefited from its partnership with AWS in terms of launching new services?

    With AWS, Grab is able to launch and scale new services quickly, including digital banks in Singapore and Indonesia, which has led to significant customer adoption.

  • In what ways is Grab leveraging AWS for its AI initiatives?

    Grab is utilizing AWS's AI technologies to drive growth and provide better user experiences, deploying over 1,000 AI models for services such as route guidance and personalized recommendations.

Recent Analyst Ratings for
$AMZN
$GRAB

CompanyDatePrice TargetRatingAnalyst
4/16/2025$270.00 → $230.00Overweight
Cantor Fitzgerald
4/14/2025$273.00 → $225.00Buy
Citigroup
4/14/2025$287.00 → $206.00Buy
Deutsche Bank
4/14/2025$285.00 → $240.00Mkt Outperform
Citizens JMP
4/14/2025$280.00 → $245.00Overweight
Morgan Stanley
2/21/2025$5.60Neutral → Overweight
Analyst
2/20/2025Buy → Outperform
Daiwa Securities
2/5/2025Overweight → Neutral
Analyst
More analyst ratings

$AMZN
$GRAB
Press Releases

Fastest customizable press release news feed in the world

See more
  • Amazon.com to Webcast First Quarter 2025 Financial Results Conference Call

    Amazon.com, Inc. (NASDAQ:AMZN) announced today that it will hold a conference call to discuss its first quarter 2025 financial results on Thursday, May 1, 2025, at 2:00 p.m. PT/5:00 p.m. ET. The event will be webcast live, and the audio and associated slides will be available for at least three months thereafter at www.amazon.com/ir. View source version on businesswire.com: https://www.businesswire.com/news/home/20250417424996/en/ Amazon.com Public Relations amazon-pr@amazon.com amazon.com/ir

    $AMZN
    Catalog/Specialty Distribution
    Consumer Discretionary
  • AI-Powered Service Robots Redefine Hospitality as Industry Innovators Lead the Charge

    NetworkNewsWire Editorial Coverage NEW YORK, April 10, 2025 /PRNewswire/ -- Facing ongoing labor shortages and rising consumer demands, the hospitality and food service sectors are increasingly turning to artificial intelligence (AI)-driven service robots. These cutting-edge technologies are helping hotels, restaurants, and cafes streamline operations, lower costs, and elevate customer experiences. As the hospitality robotics market is expected to surge to $65.4 billion by 2032 (https://ibn.fm/WxsRw), robotic innovations are swiftly becoming central to addressing workforce gaps and modernizing service delivery. Nightfood Holdings Inc. (OTCQB: NGTF) (profile) is at the forefront of this evolu

    $AMZN
    $ISRG
    $RR
    $SERV
    Catalog/Specialty Distribution
    Consumer Discretionary
    Industrial Specialties
    Health Care
  • Introducing Amazon Nova Sonic: A New Gen AI Model for Building Voice Applications and Agents

    Today, Amazon.com Inc (NASDAQ:AMZN) introduced Amazon Nova Sonic, a new foundation model that unifies speech understanding and speech generation into a single model, to enable more human-like voice conversations in artificial intelligence (AI) applications. Available in Amazon Bedrock via a new bi-directional streaming API, the model simplifies the development of voice applications, such as customer service call automation and AI agents across a broad range of industries, including travel, education, healthcare, entertainment, and more. "From the invention of the world's best personal AI assistant with Alexa, to developing AWS services like Connect, Lex, and Polly that are used across a wi

    $AMZN
    Catalog/Specialty Distribution
    Consumer Discretionary

$AMZN
$GRAB
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$AMZN
$GRAB
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$AMZN
$GRAB
SEC Filings

See more

$AMZN
$GRAB
FDA approvals

Live FDA approvals issued by the Food and Drug Administration and FDA breaking news

See more
  • March 11, 2025 - FDA Roundup: March 11, 2025

    For Immediate Release: March 11, 2025 Today, the U.S. Food and Drug Administration is providing an at-a-glance summary of news from around the agency:Today, the FDA published a General Correspondence Letter issued to Mid-Link Technology Testing Co., Ltd. The FDA is vigilant in ensuring data submitted to the FDA can be relied upon to assess the effectiveness, safety, or risk of a device. The FDA has noted an incr

    $AMZN
    Catalog/Specialty Distribution
    Consumer Discretionary
  • November 14, 2023 - FDA Roundup: November 14, 2023

    For Immediate Release: November 14, 2023 Today, the U.S. Food and Drug Administration is providing an at-a-glance summary of news from around the agency:  On Monday, the FDA updated the advisory for the Investigation of Elevated Lead Levels in Cinnamon Applesauce Pouches to include an expanded recall from WanaBana LLC to include Weis and Schnucks-brand cinnamon applesauce pouches. As of November 13, 2023, there

    $AMZN
    Catalog/Specialty Distribution
    Consumer Discretionary

$AMZN
$GRAB
Leadership Updates

Live Leadership Updates

See more
  • eero Celebrates a Decade of Innovation with All-New Wi-Fi 7 Products

    After launching the powerful eero Max 7 and the tough eero Outdoor 7, eero expands Wi-Fi 7 portfolio with all-new eero 7 and eero Pro 7 eero 7 is the company's most affordable Wi-Fi 7 router, offering multi-gigabit speeds in a compact form factor eero Pro 7 delivers premium Wi-Fi 7 performance for high-bandwidth connectivity needs, offering fast wireless and wired speeds with two 5 GbE ports, and capacity for hundreds of devices Amazon (NASDAQ:AMZN) announced that eero is expanding its Wi-Fi 7 portfolio to include eero 7, delivering multi-gigabit speeds at a more affordable price, and eero Pro 7, offering premium performance for bandwidth-demanding networks. Thanks to the company's TrueM

    $AMZN
    Catalog/Specialty Distribution
    Consumer Discretionary
  • IMDb Announces Leadership Transition as Company Marks 35th Anniversary

    Founder Col Needham Becomes Executive Chair, Nikki Santoro Named CEO, Positioning IMDb for Next Phase of Innovation and Growth IMDb (www.imdb.com), the world's most popular and authoritative source for information on movies, TV shows, and celebrities, today announced that Founder & Chief Executive Officer Col Needham has transitioned to the role of Founder & Executive Chair. Nikki Santoro, who has served as IMDb Chief Operating Officer since 2021, has been appointed the Chief Executive Officer of IMDb. This marks a significant milestone in the company's 35-year history, with Santoro becoming only the second CEO and the first woman to hold the role. This press release features multimedia.

    $AMZN
    Catalog/Specialty Distribution
    Consumer Discretionary
  • Superapp Grab Selects AWS as its Preferred Cloud Provider to Drive Technology Innovation and Growth

    Southeast Asia's leading superapp leverages AWS to enhance operational efficiency across eight countries At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ:AMZN), and Grab, Southeast Asia's leading superapp (NASDAQ:GRAB), announced that Grab has selected AWS as its preferred cloud provider. With AWS, Grab is pursuing a technology-led strategy to accelerate growth across its mobility, deliveries, and financial services verticals, including its new digibanks, while continuing to improve its operational efficiencies and reduce IT infrastructure costs. Grab relies on the world's leading cloud to serve 41.9 million monthly transacting users1 and over 13 mi

    $AMZN
    $GRAB
    Catalog/Specialty Distribution
    Consumer Discretionary
    Business Services

$AMZN
$GRAB
Financials

Live finance-specific insights

See more
  • Amazon.com to Webcast First Quarter 2025 Financial Results Conference Call

    Amazon.com, Inc. (NASDAQ:AMZN) announced today that it will hold a conference call to discuss its first quarter 2025 financial results on Thursday, May 1, 2025, at 2:00 p.m. PT/5:00 p.m. ET. The event will be webcast live, and the audio and associated slides will be available for at least three months thereafter at www.amazon.com/ir. View source version on businesswire.com: https://www.businesswire.com/news/home/20250417424996/en/ Amazon.com Public Relations amazon-pr@amazon.com amazon.com/ir

    $AMZN
    Catalog/Specialty Distribution
    Consumer Discretionary
  • Amazon.com to Webcast Fourth Quarter 2024 Financial Results Conference Call

    Amazon.com, Inc. (NASDAQ:AMZN) announced today that it will hold a conference call to discuss its fourth quarter 2024 financial results on Thursday, February 6, 2025, at 2:00 p.m. PT/5:00 p.m. ET. The event will be webcast live, and the audio and associated slides will be available for at least three months thereafter at www.amazon.com/ir. View source version on businesswire.com: https://www.businesswire.com/news/home/20250123130297/en/ Amazon.com Public Relations amazon-pr@amazon.com amazon.com/ir

    $AMZN
    Catalog/Specialty Distribution
    Consumer Discretionary
  • UPDATE - Grab to Announce Third Quarter 2024 Results on November 11, 2024

    NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ:GRAB, the "Company"  or "Grab"))), plans to announce its unaudited third quarter 2024 results after the U.S. market closes on November 11, 2024.   The Company's management will hold a conference call to discuss the third quarter 2024 results at: Date and time:7:00 PM U.S Eastern Time on November 11, 20248:00 AM Singapore Time on November 12, 2024 A link to the call will be posted on the Company's investor relations website at investors.grab.com prior to the call time.  Following the call, a replay of the call, along with the earnings press release and presentation slides, will be available at the same website. Abou

    $GRAB
    Business Services
    Consumer Discretionary

$AMZN
$GRAB
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more