$Grab Holdings (GRAB.US)$ isn’t exactly an exception in the ...

$Grab Holdings(GRAB.US)$ isn’t exactly an exception in the IT industry, where many companies continue engaging in loss-making operations over many years (Grab’s former chief rival $Uber Technologies(UBER.US)$ springs to mind, $Tesla(TSLA.US)$ is still losing money selling cars, and Singapore’s favourite e-commerce platform Shopee ( $Sea(SE.US)$ ) continues to run in the red).