Softbank-backed Grab prepares for 'long winter' as virus hits revenue

SINGAPORE (Reuters) - Softbank-backed Grab is preparing for a potentially "long winter", co-founder Tan Hooi Ling said on Thursday, as the ride-hailing firm's revenue takes a hit from the coronavirus outbreak. The Southeast Asian company has seen an uptick in food and parcel deliveries, but its core ride-hailing business has dropped, she said.Overall revenue was "lower than it used to be pre-COVID", she said. "During this time, we are preparing for the worst case scenario, which is..