Grab swings back to profit in Q3, revenue jumps 17%

Grab swings back to profit in Q3, revenue jumps 17%

REUTERS/Kham/File Photo

Nasdaq-listed superapp Grab posted a profit of $15 million in July-September (Q3) 2024, mainly on account of improvements in group adjusted EBITDA, while revenue grew 17% year-on-year to $716 million, the company announced on Tuesday.

Edited by: Joymitra Rai