Ride-hailing firm Grab's revenue nearly back to pre-pandemic levels

Singapore’s Grab, which has evolved from a ride-hailing app operator to offer services such as food delivery and insurance, said on Thursday its third-quarter group revenue had risen to more than 95% of pre-COVID-19 levels.

“Our business recovery continues steadily, with Q3 group revenues climbing to over 95% of pre-COVID-19 levels,” Ming Maa, president of Grab, said in an emailed newsletter update on the company’s business.

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