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Sep 16, 2021 · Image Credit: Grab. The pace has carried on into 2021, with Adjusted Net Sales (a new label for “Adjusted Net Revenues” in Grab’s current documents) reaching US$550 million in the second quarter of this year, surpassing the US$506 million reported in Q4 2020.
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Grab is Southeast Asia's first decacorn and the biggest technology startup in the region. It became publicly traded on the NASDAQ in 2021, following the largest SPAC merger at the time. In 2023, Fast Company listed Grab amongst the most innovative companies in the Asia-Pacific region.
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Mar 3, 2022 · Grab today announced financial results for the fourth quarter and full year ended December 31, 2021. Strong end to 2021 with another record quarter and year in Gross Merchandise Value (“GMV”), exceeding the high end of full year 2021 guidance range.
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Mar 31, 2021 · Adjusted Net Sales for enterprise and new initiatives improved 388% year on year to $25 million, while Revenue was $10 million in Q1 2021. Enterprise and new initiatives Adjusted EBITDA also turned positive to $2 million.