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Grab (NASDAQ:AGC): Q3 net loss of $988M. Revenue of $157M (-8.7% Y/Y) Shares +4.2% PM. Press Release Gross Merchandise Value reached a new quarterly record of $4.0 billion, up 32% year-over-year in spite of a challenging operating environment. Deliveries GMV grew 63% YoY; Grab expects a strong recovery in mobility heading into Q4 2021. Average spend per user on Grab’s platform grew 43% YoY to hit a record high.