Grab Holdings Ltd. reported second-quarter revenue of $819 million, beating the $811 million average analyst estimate and rising 23% from a year earlier, as consumers spent more on the Singapore-based company’s ride-hailing and food-delivery services. The Southeast Asian “superapp” operator posted net income of $20 million, reversing a $68 million loss a year ago, while earnings per share came in at $0.01. Adjusted EBITDA surged 69% to $109 million, supported by a 21% jump in on-demand gross merchandise value to $5.35 billion and a 13% increase in monthly transacting users to 46.2 million. Deliveries revenue grew 23% to $439 million. The company maintained its full-year 2025 guidance, projecting revenue of $3.33 billion to $3.40 billion and adjusted EBITDA of $460 million to $480 million. Grab said momentum in higher-margin businesses, including advertising, remains strong as it continues to integrate mobility, deliveries and financial services on its platform.