Olivia Poh / Bloomberg:

Grab reports Q2 revenue up 17% YoY to $664M, below $676.9M est., and a $53M net loss, down from $135M in Q2 2023, as competition with GoTo weighs on its growth  —  - Southeast Asia ride-hailing leader pursues sustained profits  — Tough competition from GoTo weighs on growth, margins

Olivia Poh / Bloomberg:

Grab reports Q2 revenue up 17% YoY to $664M, below $676.9M est., and a $53M net loss, down from $135M in Q2 2023, as competition with GoTo weighs on its growth  —  - Southeast Asia ride-hailing leader pursues sustained profits  — Tough competition from GoTo weighs on growth, margins

Source: TechMeme
Source Link: http://www.techmeme.com/240815/p16#a240815p16