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grab q2 earnings

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16
Aug

Grab loses US$53 million in Q2

Grab lost US$53 million in the second quarter in the latest sign that its super app business model continues to face serious challenges. To be sure, Grab’s fintech business performed well, but because of the way the Singaporean firm has constructed its business, there is no separating that unit from…
28
Aug

Has Grab got its mojo back?

Investors seem happy with Grab’s Q2 results. Since the self-proclaimed Southeast Asian super app said last week that it expects to break even in the third quarter rather than the fourth quarter, while its quarterly losses narrowed and revenue rose 77% to US$567 million, its shares have risen 17%. But…

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Established as part of the Atlas Technologies Group and building on the legacy of Kapronasia (founded in 2007), Atlas Technologies Singapore is a strategic consulting and market research firm specializing in fintech, banking, payments, and capital markets across Asia Pacific.

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