The Afternoon Update with Lynlee Foo (1pm – 4pm)The Afternoon Update with Lynlee Foo (1pm – 4pm)

Money in the Market: Is Grab performing poorly compared to other ride-hailing companies in the region?

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Shares of Grab Holdings tumbled last week after it reported a wider loss than analysts had estimated. The firm says its net loss for the second quarter was about $547 million, contracting almost 30% from a year earlier. But, according to data compiled by Bloomberg, that's was more than the $335 million loss analysts had projected. On Money in the Market, Olivia Poh, Reporter at Bloomberg News tells us more about Grab shares and its competition. 

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The Afternoon Update with Lynlee Foo (1pm – 4pm)

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