Grab's group adjusted EBITDA turns positive for the first time in Q3, losses narrow 71%

Grab's group adjusted EBITDA turns positive for the first time in Q3, losses narrow 71%

Photo by Grab on Unsplash.

Southeast Asian super app Grab Holdings Ltd, on Thursday, reported that its group adjusted EBITDA turned positive for the first time, at $29 million, in the third quarter of 2023 (Q3 2023), a notable improvement from negative $161 million in the same period last year.

Edited by: Pramod Mathew

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