Tag: milestone

  • Grab Achieves Profit on Adjusted Basis

    Grab Achieves Profit on Adjusted Basis

    Grab has hit a significant financial milestone. For the first time since its inception in 2012, Grab has reported a profit on an adjusted basis, a promising development for investors concerned about the company’s profitability. In the quarter ending September, Grab posted an adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) of $29 million,…