F&BSGThe Business of F&B.Grab deliveries revenue rises 21% as segment earnings improve
Grab reported Q3 deliveries revenue of US$561 million, up 21%, and deliveries GMV of US$4.5 billion, up 21%. Deliveries segment adjusted EBITDA reached US$123 million, 58% higher year on year, while active merchant-partners grew 7%.
What happened
Grab reported Q3 deliveries revenue of US$561 million, up 21%, and deliveries GMV of US$4.5 billion, up 21%. Deliveries segment adjusted EBITDA reached US$123 million, 58% higher year on year, while active merchant-partners grew 7%.
Source and editorial note
This is F&BSG’s summary of reporting by Grab Holdings. Read the original source for the full context and any subsequent updates.
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