Grab reports Q3 revenue up 22% YoY to $873M, vs. 869M est., and an adjusted EBITDA of $136M, helped by offerings like group food orders and cheaper shared rides (Olivia Poh/Bloomberg)
PositiveArtificial Intelligence

Grab has reported a 22% year-over-year increase in revenue for Q3, reaching $873 million, surpassing estimates of $869 million. The company's adjusted EBITDA also rose to $136 million, driven by innovative offerings like group food orders and more affordable shared rides. This growth is significant as it reflects Grab's ability to adapt to consumer demands and enhance its service portfolio, positioning the company for continued success in a competitive market.
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