Grab: Ridesharing, food delivery and payment company based in Singapore.
In addition, it revised its adjusted EBITDA outlook for the second half of the year and now expects a lack of $315 million, better than the $380 million it previously predicted. Grab’s monthly average active driver-partners in the quarter hit 80% of pre-Covid levels. The company also said incentives declined to 9.4% of GMV, weighed…
