Grab Holdings Shares Rise 10.78% After Company Reports Higher 2Q Revenue
Shares of $Grab Holdings$ rose 10.78% on Wednesday on the Nasdaq after the company reported higher revenue in its second-quarter financial results.Grab's superapp in Southeast Asia operates across the deliveries, mobility and digital financial services sectors, the company said.Before the bell Wednesday, Grab reported a second-quarter loss of $148 million on revenue of $567 million. In the year-ago period, the company reported a loss of $572 million on revenue of $321 million. The company also r