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Fact-check: Grab reported its first full-year net profit of $200M for 2025 in Q4 earnings announced February 12, 2026, as confirmed by the official Grab press release and multiple financial news outlets. Recent X posts (e.g., from March 1-4, 2026) actively discuss this profitability milestone, revenue growth, and future guidance, showing consistent real-time coverage. The Diplomat's article accurately reflects these verified facts.
Southeast Asia’s Grab Finally Turns a Profit
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Grab, Southeast Asia's dominant super-app and ride-hailing platform, has reported its first profit, marking a significant milestone for the company after years of losses. The achievement signals a turning point for one of the region's most prominent tech unicorns, which went public via SPAC merger and has faced sustained pressure to demonstrate a viable path to profitability.