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Grab reports Q3 revenue up 22% YoY to $873M, vs. 869M est., and an adjusted EBITDA of $136M, helped by offerings like group food orders and cheaper shared rides (Olivia Poh/Bloomberg)

Olivia Poh / Bloomberg : Grab reports Q3 revenue up 22% YoY to $873M, vs. 869M est., and an adjusted EBITDA of $136M, helped by offerings...

29 November 2024

Didi reports Q3 revenue up 5% YoY to $7.44B and a net income of $128M, its second straight quarterly profit, as the company prepares for a Hong Kong IPO (Claire Che/Bloomberg)

Claire Che / Bloomberg:
Didi reports Q3 revenue up 5% YoY to $7.44B and a net income of $128M, its second straight quarterly profit, as the company prepares for a Hong Kong IPO  —  - China's ride-hailing leader is recovering from a crackdown  — The company is now angling to return to capital markets

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