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Grab Holdings

Grab: Grab, GoTo revive talks for ride-hailing merger: report

Grab Holdings and GoTo , Southeast Asia's biggest ride-hailing companies, have restarted talks for a merger, Bloomberg News reported on Friday.The companies are in preliminary discussions over a variety of scenarios, the report said, citing people familiar with the matter.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitIIM…

Uber Revenue Doubles, Sending Shares Surging

Uber UBER 18.90% Technologies Inc. doubled quarterly revenue, improved its financial performance and said high inflation was causing more people to drive for the platform to help offset rising household costs. The ride-hailing company said Tuesday that revenue grew 105% to $8.07 billion for the three months through June. The company also posted adjusted earnings—a figure that excludes some expenses—of $364 million, its strongest ever. Both figures beat Wall Street…