Grab Holdings (GRAB) Misses Q2 EPS by 6c, Revenues Beat; Bumps Lower End of FY Revenue Guidance

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Go back to Grab Holdings (GRAB) Misses Q2 EPS by 6c, Revenues Beat; Bumps Lower End of FY Revenue Guidance

Grab Reports Second Quarter 2022 Results

August 25, 2022 7:00 AM EDT

Q2 record Revenue of $321 million, up 79% year-over-year Q2 GMV of $5.1 billion, up 30% year-over-year Q2 Loss for the period of $572 million, a 29% improvement year-over-year Core food and Deliveries segment expected to break even earlier than previous guidance

SINGAPORE--(BUSINESS WIRE)-- Grab Holdings Limited (NASDAQ: GRAB) today announced financial results for the quarter ended June 30, 2022.

Our second quarter results showed that we can grow sustainably. We delivered strong revenue and GMV growth, while improving our unit economics and strengthening our category... More