Grab’s Q2 revenues up 79% to US$321M; losses narrow by 29%

Southeast Asia’s super-app giant Grab Holdings reported a 79 per cent rise in its revenue, reaching US$321 million, driven by solid growth in mobility and delivery, including Jaya Grocer’s contributions. The losses for the quarter narrowed by 29 per cent to US$572 million from a year ago. “In the quarter, we streamlined our organisational cost […] The post Grab’s Q2 revenues up 79% to US$321M; losses narrow by 29% appeared first on e27.