Grab loses second top executive in six months as President quits

Grab this month posted its first-ever profit on adjusted basis, a milestone for the decade-old company. — Reuters

SINGAPORE (Bloomberg): Grab Holdings Ltd. President Ming Maa is leaving the South-East Asian ride-hailing and food delivery company, the second top executive to step down in the past six months.

Maa, 46, is leaving at the end of April to "to devote more time to family matters” in the US and other interests, the company said in a statement Tuesday (Nov 14). He’ll work on corporate development activities until his departure.