Grab achieves $20M profit in the second quarter amid higher revenue

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2025-07-31 13:26:39 -

Southeast Asia’s superapp Grab announced Thursday that it has achieved a profit of $20 million in the second quarter of FY2025 amid higher revenue. Grab said in a statement that its revenue grew 23 percent year-over-year, or 19 percent on a constant currency basis, with year on year growth accelerating from the prior quarter, to $819 million in the second quarter of 2025, driven by...

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