Grab Holdings is a Southeast Asian ride-hailing, food delivery, and financial services platform operator. All key metrics showed considerable growth and/or improvement in its second quarter results. Revenue was up 23% year-on-year (YoY), the company swung from a $68m loss to a $20m profit, and free cash flow (operating cash less capital expenditure) almost tripled to $112m thanks to a big decline in cash being absorbed by operations.