Grab Losses Widen To Almost $1 Billion As Pandemic Restrictions Drag Ride-Hailing Business |
| November 12, 2021 | November 2021 Bond Updates |
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Grab Holdings said Thursday its net loss widened to $988 million in the third quarter, from $621 million a year ago, due to exceptional charges and a general decline in the ride-hailing sector following a renewed spike in Covid-19 infections across Southeast Asia, particularly in Vietnam. |
| View more at: https://www.forbes.com/sites/jonathanburgos/2021/11/12/grab-losses-widen-to-almost-1-billion-as-pandemic-restrictions-drag-ride-hailing-business/ |
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