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2025-07-31 13:26:39 -

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

added blog Networking
2025-04-30 09:59:00 -

Grab raises full year earnings forecast as it announces 1Q results
Southeast Asia’s super app Grab Holdings Ltd announced Wednesday it is raising the company’s full year adjusted earnings before interest, taxes, depreciation, and amortisation (EBIDA) after the Singapore-headquartered company achieved another quarter of record revenues. “We continued to drive profitable growth across the business, with Grab achieving another quarter of...

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