$Grab(GRAB.US)Grab’s Profitability Turning Point 🚀
Grab ($Grab(GRAB.US)) is starting to look less like a growth story and more like a profitability story.
📈 Q2 revenue: US$997M, +22% YoY
💰 Adjusted EBITDA: US$168M, +54% YoY
👥 Monthly transacting users: 54M
🔥 New US$750M share buyback announced
The big question now: can Grab turn improving margins and fintech growth into sustained profits? (grab.com)
$Grab(GRAB.US) could be an interesting Southeast Asian tech stock to watch. 👀
#Grab #GRAB #Stocks #Investing #Singapore #Tech