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Singapore's Grab reports 79% rise in quarterly revenue

Aug 25 (Reuters) - Singapore's Grab Holdings Ltd reported a 79% rise in quarterly revenue on Thursday, powered by a surge in demand for rideshare as offices reopen across Southeast Asia.

Revenue for the second quarter was $321 million.

Loss for the period narrowed to $572 million, from $801 million a year earlier. (Reporting by Nivedita Balu in Bengaluru; Editing by Krishna Chandra Eluri)