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Grab raises full-year guidance on strong Q2; Taiwan deal progress

Aug 3, 2026, 11:11 PM EDT2 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Positive earnings beat, raised guidance, and progress on a cross-border deal limit downside risk and support multiple expansion potential in the near term.

AI summary

What happened, with direct paths to the underlying reporting

Grab reported record Q2 results with a 28% YoY rise in rides and 22% revenue growth to $997 million, lifting the full-year outlook. The company also narrowed margins through AI-enabled efficiency and lifted EBITDA guidance to $720-740 million, signaling scalable profitability alongside a potential consolidation in Taiwan with foodpanda.

Q2 revenue $997M, up 22% YoY; operating profit $19M, up 186%.
Rides up 28% YoY in Q2; demand resilient.
Guidance raised: full-year revenue $4.10B-$4.15B; EBITDA $720M-$740M.
AI embedding boosts efficiency; faster shipping and margins.
Taiwan foodpanda deal with Delivery Hero may close in H2.

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