Future Tech

Singapore's Grab reports 79% rise in quarterly revenue

Tan KW
Publish date: Thu, 25 Aug 2022, 09:20 PM
Tan KW
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Future Tech

Singapore's Grab Holdings Ltd reported a 79% rise in quarterly revenue on Thursday, powered by a surge in demand for rideshare as offices reopen across Southeast Asia.

Revenue for the second quarter was $321 million.

Loss for the period narrowed to $572 million, from $801 million a year earlier.

 


  - Reuters

 

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