GrabRentals posts 73% jump in income in 2022 on higher revenue, lower expenses

GrabRentals posts 73% jump in income in 2022 on higher revenue, lower expenses

Photo from Grab.

Grab‘s Singapore-based private-hire car rental unit, GrabRentals, drove home S$20.6 million ($15.4 million) in comprehensive income last year as its revenue surged 17% from the previous year, according to regulatory filings.

Edited by: Joymitra Rai