$Grab Holdings (GRAB.US)$ Q2 record Revenue of $321 million,...
Q2 record Revenue of $321 million, up 79% year-over-year
Q2 Loss for the period of $572 million, a 29% improvement year-over-year
Q2 Loss for the period of $572 million, a 29% improvement year-over-year
This is good? It is improvement but still looks scary ![]()
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Sigma6789 : It’s cash negative with 3.3b shares and likely to dilute more.
Bruh Tesla dilutes the f out of shares holders with only 1b shares.
Travelforfreedom : As long there is improvement means management is doing something to increase profit and answer to investors.
Sigma6789 Travelforfreedom: Ask your grab drivers and riders if they agree.
Macdonell J Travelforfreedom: They made a loss, a big time loss. What they did so far was just to cut down on incentives dished out to riders to reduce costs.