Ecosystem Roundup: Grab’s Q2 revenue up 79%; SCBX abandons US$500M Bitkub buy; S’pore recognises 3AC liquidation

Grab’s Q2 revenue climbs 79%, losses narrow The Q2 revenue rose 79% to US$321M from a year ago; Net loss narrowed 29% to US$572M; The growth is credited to its fixed cost optimisation, shutting down unprofitable business lines, and thinning down incentives. Once SEA’s most valuable startup, Grab falls US$13B behind GoTo The unprofitable companies […] The post Ecosystem Roundup: Grab’s Q2 revenue up 79%; SCBX abandons US$500M Bitkub buy; S’pore recognises 3AC liquidation appeared first on e27.