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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.
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) shares are trading marginally higher in the premarket session on Wednesday. The firm has announced a regional partnership with BYD to expand access to up to ...
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 ...
A hot December jobs report capped off a week in which investor concerns over ... "Solid increases in energy and food prices at the end of 2024 underpin our forecast of a 0.4% monthly gain in the ...
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