👩🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔♂️ A friendly human may check it before it goes live. More news here
🧔♂️ A friendly human may check it before it goes live. More news here
In 50 Words: Grab shares soar 11% on strong Q2, Sea Group’s drop 29%
Investors sent shares of Singapore-based superapp Grab up 11% following its Q2 2023 results, which showed a YOY revenue increase of 77%.
Grab’s management also expects EBITDA break-even to be achieved in Q3 2023 instead of Q4.
In contrast, the US-listed Sea Group suffered a 29% shares plunge after its Q2 2023 results.
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.