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(Reuters) -Grab Holdings raised its full-year profit forecast on Wednesday after reporting a higher-than-expected quarterly revenue, driven by recent cost-reduction measures and robust demand for ...
The firm also raised its annual core profit forecast to between $308 million and $313 million, from $250 million and $270 million. Revenue in the deliveries segment increased 16% to $380 million ...
Image source: Getty Images. Grab comes up short. Revenue in the quarter rose 17%, or 23% in constant currency to $664 million, which missed estimates at $673.2 million.
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Grab Holdings Inc. is a Singaporean multinational technology company headquartered in One-North, Singapore. It is the developer of a super-app for ride-hailing , food delivery , and digital payment services on mobile devices that operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam.
Grab Holdings Limited (NASDAQ:GRAB) goes Uber Technologies, Inc (NYSE:UBER) way with the latest move. The ride-hailing company is expanding its services beyond ride-hailing and food delivery by ...
It's a new year, which means anything can happen, including with people's finances. Consider This: I'm a Financial Advisor: 10 Most Awesome Things You Can Do for Your Finances in 2025 Find Out: Why...
Retail sales. Thursday will give markets an indication of consumer spending levels at the end of 2024. Economists estimate retail sales increased 0.5% over the prior month during December.