Uber's Asia Rival Grab Reports First-Ever Profitability Across All Three Core Segments
Grab reported its first-ever quarter of profitability across all three core segments, with adjusted EBITDA rising 73% year over year to $237 million.
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Why It Matters
Grab, a ride and delivery company in Asia, made money in all parts. This shows the company is getting stronger and learning to run well.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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